Avanza Bank AB (publ) publishes prospectus and applies for listing of a subordinated bond on Nasdaq Stockholm
On December 3, 2015 Avanza Bank AB (publ) (”Avanza”) 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.Due to the issuance, Avanza’s board of directors has prepared a prospectus regarding listing of the subordinated bond at the Corporate Bond list on Nasdaq Stockholm. The prospectus was approved by the Swedish Financial Supervisory Authority today. An application for listing of the bond will be submitted. First day