NOBA Bank Group AB (publ) has successfully issued subordinated Tier 2 bonds
NOBA Bank Group AB (publ) (”NOBA”) has successfully issued subordinated Tier 2 bonds of EUR 40,000,000 in a private placement to an investor. The bonds have a 10.25-year tenor with a possible first call after five years and carries an interest of EURIBOR 3 months + 7.00%. The bonds will be listed on Nasdaq Stockholm. Settlement date will be 18 January 2024. The bonds were issued under NOBA’s existing MTN programme which has a total framework of SEK 5 billion. Nordea acted as sole lead manager & structuring advisor in the transaction. For further information, please contact: