Resurs Bank issues SEK 300 million of senior unsecured bonds
Resurs Bank AB (publ), a wholly owned subsidiary of Resurs Holding AB (Nasdaq Stockholm: RESURS) , has issued SEK 300 million of senior unsecured bonds in the Nordic market. The bonds have a maturity of 3 years and will be listed at Nasdaq Stockholm. The 3-year bonds are issued under Resurs Bank's MTN programme (total frame of SEK 3 billion) with a coupon of 3m Stibor +1.55%. Trade date is 16 February 2017. Nordea Bank AB has been used as bookrunner.
Issuer: Resurs Bank AB (publ)
Instrument: Senior unsecured bonds
Maturity: 24 February 2020
Coupon: 3 months Stibor +1.55%
Bookrunner: Nordea Bank AB
For additional information:
Peter Rosén, CFO Resurs Holding,
+46 736 564 934
About Resurs Holding
The Resurs Group, which operates through subsidiaries Resurs Bank and Solid Försäkringar, is the leader in retail finance in the Nordic region, offering payment solutions, consumer loans and niche insurance products. Since its start in 1977, Resurs has established collaborations with over 1,200 retail partners with approximately 35,000 stores and built a customer base of approximately 5 million private customers in the Nordics. Resurs Bank has had a bank charter since 2001 and is under the supervision of the Swedish Financial Supervisory Authority. The Resurs Group, with operations in Sweden, Denmark, Norway and Finland, had 728 employees and a loan portfolio of approximately SEK 21,2 billion at the end of 2016. Resurs Group has been listed on Nasdaq Stockholm since 29 April 2016.