Nordnet issues Additional Tier 1 Capital
Nordnet issues Additional Tier 1 Capital to optimize its capital structure. The issuance amounts to SEK 600 million.The bond has a perpetual maturity with a first call option after five years. The interest rate is three months STIBOR + 3.90 percent. Settlement date is 16 November 2021. The bond will be listed at Nasdaq Stockholm. Nordea and SEB have acted as financial advisors in the transaction, and Mannheimer Swartling as legal advisor.