TF Bank has successfully issued subordinated Tier 2 bonds
TF Bank AB (publ) (“TF Bank” or the “Company”) has issued subordinated Tier 2 bonds in the amount of SEK 100 million with final maturity in December 2030 and first call date in December 2025 (the “New Bonds”). The New Bonds carry a floating rate interest of 3-month Stibor + 550 bps per annum. The issue received strong interest from both large institutions and private investors.As a result of the issue of the New Bonds, the Company will repurchase SEK 48 million of its outstanding Tier 2 bonds with first call date on 14 December 2020 (ISIN: SE0007783477) (the “Existing Bonds”). The Company