yA Bank issues NOK 400 million of senior unsecured bonds
Resurs Bank Group, a subsidiary to Resurs Holding AB (Nasdaq Stockholm: RESURS), has issued senior unsecured bonds of NOK 400 million on the Norwegian market. The 2 year bonds, issued by yA Bank AS, pays a coupon of 3m Nibor + 1.33% and will be listed on Nordic ABM. yA Bank is a wholly owned subsidiary to Resurs Bank AB.
SEB Markets acted as bookrunners in the transaction.
For additional information:
Per Kristian Haug, CFO yA Bank, email@example.com, +47 95 23 87 17
Peter Rosén, CFO Resurs Holding, firstname.lastname@example.org +46 736 564 934
Gunilla Wikman, Investor Relations Manager, email@example.com +46 707 638 125
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.