Resurs Bank extends its financing
Resurs Bank has successfully extended its existing ABS financing of SEK 2.9 billion. This is in line with Resurs’s strategy of long-term diversified financing.An agreement to extend the existing ABS financing was signed on 19 June 2019. It comprises a securitisation of consumer loans, which is a form of structured financing known as asset-backed securities (ABS). The extension means that a new 18-month revolving period has now commenced. This financing will take place with the assistance of a leading international bank. More information is available from:Peter Rosén, CFO & Head of