Company controlled by Nordic Capital issues senior secured bonds to partly finance equity contribution to Nordax Bank AB
With reference to the announcement by Nordax Bank AB (publ) ("Nordax") on 18 October 2021 relating to financing of the acquisition of Bank Norwegian ASA.
A company owned by Nordic Capital VIII and IX1 will issue senior secured bonds amounting to approx. SEK 5,050m (consisting of tranches of NOK 2,500m and SEK 2,550m). Proceeds from the bonds will be used to partly finance the equity contribution to Nordax Holding AB (publ) from Nordic Capital.
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Oscar Karlsson, Brunswick Group
okarlsson@brunswickgroup.com
+46 709 62 78 42
1 “Nordic Capital VIII” refers to Nordic Capital VIII Alpha, L.P. and Nordic Capital VIII Beta, L.P. (acting through their General Partner Nordic Capital VIII Limited) and “Nordic Capital IX” refers to Nordic Capital IX Alpha, L.P. and Nordic Capital IX Beta, L.P. (acting through their General Partner Nordic Capital IX Limited). The bonds will be issued by the company Cidron Romanov Limited. “Nordic Capital” refers to Nordic Capital VIII and/or Nordic Capital IX together with any, or all, other Nordic Capital branded entities, vehicles, structures and associated entities.