Bluestep Bank AB (publ) has completed a covered bond tap issue of SEK 300 million
Bluestep Bank AB (publ) (“Bluestep Bank”) has completed a tap issue of SEK 300 million, related to the outstanding covered bond with maturity date October 8th, 2025 (Loan 4, tranche 3, ISIN SE0013101920). The issue was made under Bluestep Bank’s MTCN-programme with a framework amount of SEK 15 billion. Following the tap issue, a total of SEK 2.0 billion is outstanding under loan 4 and a total of SEK 5.9 billion is outstanding under the programme. The issued bonds were priced at 101.740% plus accrued interest, corresponding to a re-offer spread of 3m Stibor + 0.47%. Nordea acted as