Nordax issues SEK 300 million of senior unsecured bonds
Nordax Bank AB (publ) has issued SEK 300 million of senior unsecured bonds in the Nordic market. The 3 year bonds (with maturity Sept 2022) will be listed on Nasdaq Stockholm.The bonds are issued under Nordax Bank’s MTN programme with a total frame of SEK 3 billion and pays a coupon of 3m Stibor + 1.50%. Settlement date will be 23 Sept 2019 and maturity date 23 Sept 2022.Nordea Bank and Danske Bank acted as joint book runners in the transaction. For further information, please contact:Arash Bigloo, Head of Treasury, tel: +46-738 660662 arash.bigloo@nordax.se