Bluestep Bank issues senior unsecured bonds in SEK and NOK
Bluestep Bank AB (publ), (“Bluestep”) issues senior unsecured floating rate notes amounting to SEK 500 million and NOK 200 million respectively. Both notes have a 3-year tenor. The notes pay a coupon of 3m Stibor +0.65% and 3m Nibor +0.70%, respectively. The notes will be listed on Nasdaq Stockholm and Oslo Børs, respectively. In conjunction with the issue, a repurchase of SEK 130 million of Bluestep’s outstanding notes with maturity in December 2021 will be completed (ISIN SE0010599464). After the repurchase SEK 870 million will be outstanding in the loan with maturity in December