Qliro Group’s subsidiary Qliro AB successfully issues SEK 100 million of subordinated Tier 2 bonds
Qliro Group AB’s wholly owned subsidiary Qliro AB (“Qliro Financial Services”) has successfully issued subordinated Tier 2 bonds (supplementärkapital in Swedish) of SEK 100 million to diversify its financing and optimise its capital structure.Qliro Group’s strategy is to run Qliro Financial Services as an independent company. The transaction received strong interest from Nordic institutional investors and is a step to further develop Qliro Financial Services' independence. The bonds have a floating rate coupon of 3 month Stibor + 6.75 percent per annum and final maturity in September