Avanza Bank AB (publ) lists subordinated bond on Nasdaq Stockholm
As earlier announced the board of directors for Avanza Bank AB (publ) (”Avanza Bank”) has applied for listing and trading of its subordinated bond at the Corporate Bond list on Nasdaq Stockholm. Today, Nasdaq Stockholm approved the application and first day for trading is today, February 3, 2016.
On December 3, 2015 Avanza Bank announced the issuance of a subordinated bond with a duration of ten years, final maturity on December 10, 2025. The subordinated bond amounts to SEK 100 million and has a variable interest rate of 3M STIBOR + 300 basis points. On January 27, 2016 Avanza Bank published the prospectus and at the same time announced that an application for listing would be submitted.
The prospectus is available on, https://www.avanza.se/ir.
“This information is such that Avanza Bank AB (publ) is obliged to disclose under the Securities Market Act and/or the Financial Instruments Trading Act. The information was made available for publication on 3 February 2016 at 08:15 CET."
For further information please contact:
Sofia Svavar, Head of Investor Relations
46 8 409 420 17
Avanza is an Internet bank founded in 1999. The Parent Company, Avanza Bank Holding AB (publ), is listed on the Stockholm Stock Exchange. Avanza’s mission is that as a customer you will have more money in your pocket than if you banked with other banks or institutions. The services include, amongst other things, saving in shares, funds, savings accounts and a strong pension offering. Avanza has more than 470,000 customers and more than SEK 180 billion in savings capital. This is equivalent to just over 2.7 percent of the Swedish savings market. Avanza is the largest in terms of the number of both transactions and turnover of Swedish banks on the Stockholm Stock Exchange. During the last six years Avanza has won SKI’s (Swedish Quality Index) award, “Year’s Most Satisfied Savings Customers”. For more information visit: http://www.avanza.com.