Nordax Bank AB (publ) – Early redemption of subordinated Tier 2 notes
Press release 19 February 2020 Nordax Bank AB (publ) (the “Issuer”) informs that it intends to voluntarily redeem the SEK 250,000,000 floating rate subordinated callable Tier 2 notes with ISIN SE0006758249 (the “Notes”) on the first call date in accordance with the terms and conditions dated 12 March 2015. All outstanding Notes will be redeemed in full at their nominal amount, together with accrued but unpaid interest. In connection with the redemption, the Notes will be delisted from Nasdaq Stockholm. The redemption date is expected to be 18 March 2020. A notice of early redemption