Nordea issues Additional Tier 1 capital at the lowest coupon ever
Nordea yesterday issued perpetual Additional Tier 1 notes of EUR 750m with first call date March 2025. This capital instrument was successfully placed among investors globally at the lowest coupon ever of 3.5 %. The transaction was oversubscribed 7 times. “Issuing this Additional Tier 1 capital instrument in EUR at the lowest coupon ever shows investors’ confidence in Nordea’s financial strength and low-risk profile”, says Ola Littorin, Head of Long-Term Funding at Nordea. Nordea also this week announced successful results and early participation levels of a consent solicitation