Bluestep Bank issues SEK 1 700 million covered bonds
Bluestep Bank AB (publ), (“Bluestep”) has issued 3-year, SEK 1 700 million covered bonds. The bonds were priced at 101.259 corresponding to a yield of 3m Stibor +0.58%. 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
johanna.clason@bluestep.se
Tel: +46 701 483 385
Louise Bergström, Head of Investor Relations
louise.bergstrom@bluestep.se
Tel: +46 731 427 466
or visit www.bluestepbank.com
Bluestep Bank AB (publ) is a solution-oriented lender that offers mortgages to customers in Sweden and Norway. Bluestep focuses on understanding and helping customers who for some reason cannot get loans from the traditional banks. In Sweden and Norway Bluestep also offers savings accounts with attractive interest rates. Bluestep Bank AB (publ) is a banking limited company that is under the supervision of "Finansinspektionen" (Swedish FSA).