Bluestep Bank AB (publ), (“Bluestep”) has issued 5-year, SEK 1 000 million covered bonds. The bonds were priced at 102.508 corresponding to a yield of 3m Stibor +0.50%. The bonds will be listed on Nasdaq Stockholm with a coupon of 3m Stibor +1.00%.
Bluestep’s MTCN-program has a total framework amount of SEK 15 billion and the bonds are expected to be rated Aa1 by Moody’s.
Danske Bank, Nordea and SEB acted as joint lead managers for the transaction.
For additional information, please contact:
Johanna Clason, CFO
Louise Bergström, Head of Investor Relations
Tel: +46 731 427 466
Or visit www.bluestepbank.com
Bluestep is a market leading, solution-oriented lender that offers mortgages to customers in Sweden, Norway and Finland. Since 2005 we have helped thousands of customers to improve their economic circumstances in a sustainable way through lending and saving services. Bluestep focuses on understanding and helping customers who for some reason are unable to receive loans from their traditional bank. Personal solutions, enabling customers to improve their economic circumstances is one of the key focus areas. Bluestep Bank AB (publ) is a banking limited company that is under the supervision of "Finansinspektionen" (Swedish FSA). Additional information about Bluestep can be found on our corporate website www.bluestepbank.com.