Collector Bank AB publishes bond prospectus and applies for listing of its bonds on Nasdaq Stockholm
Gothenburg, Sweden – Collector AB (publ) (Nasdaq Stockholm: COLL)
Collector Bank AB (the "Company") has issued additional tier 1 capital in an amount of SEK 500,000,000 on 28 March 2019, on the Swedish bond market. The instrument is perpetual, with a first call date after five years, with a temporary write-down structure and a coupon of 3 month STIBOR + 8.00 per cent.
The Company will apply for listing of the bonds on the Corporate Bond list at Nasdaq Stockholm. The bonds will be admitted to trading at Nasdaq Stockholm as soon as possible.
In connection with this, the Company has prepared a prospectus. The prospectus has been approved by, and registered with, the Swedish Financial Supervisory Authority in accordance with the Financial Instruments Trading Act (1991:980). The prospectus will be available on the Financial Supervisory Authority’s website (www.fi.se) and on the Company's website (www.collector.se/en/about-collector/investors/).
For further information, please contact:
Martin Nossman I CEO I Phone +46 703 30 26 75 I E-mail email@example.com
This information is information that Collector Bank AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out below, at 12.30 CET on May 29.
Collector is a leading digital niche bank that develops financial solutions for private and corporate customers. In the Retail segment, the Company is engaged in lending to private individuals, invoice and payments by instalments to e-commerce and retail companies, credit card services, financial apps and deposits. The Corporate segment includes payment solutions for e-commerce and stores, factoring and company credits, property finance, and debt collection on behalf of customers (assignment debt collection). The Group consists of the parent company Collector AB (publ), wholly owned subsidiary Collector Bank AB, where the main business is conducted, Colligent Inkasso AB and Colligent Inkasso AS with business services and debt collection, Collector Payments AB and Collector Payments Finland OY where parts of the payments business are conducted, and Collector Ventures with investments in Fintech. The company has offices in Gothenburg (head office), Stockholm, Helsinki, Turku and Oslo. Collector is listed on Nasdaq Stockholm.
Collector AB (publ) 556560-0797 | P.O. Box 119 14, 404 39 Gothenburg, Sweden | Switchboard +46 10-161 00 00 | E-mail: firstname.lastname@example.org | www.collector.se