Collector Bank successfully issues SEK 500 million of subordinated Tier 2 bonds

Gothenburg, Sweden – Collector AB (publ) (Nasdaq Stockholm: COLL)

Collector Bank AB, a wholly owned subsidiary to Collector AB, has issued SEK 500 million of subordinated Tier 2 bonds. The offer attracted strong demand from Nordic institutional investors. The subordinated Tier 2 bonds are issued under Collector Bank’s existing MTN programme with a framework amount of SEK 5 billion, a 10 year tenor with first call after 5 years and a floating interest rate of 3m STIBOR + 4.50%.

Carnegie Investment Bank acted as Bookrunner in the transaction.

For further information, please contact:
Lena Apler, Founder & Acting CEO Collector I Phone +46 70-525 65 80 I Email lena.apler@collectorbank.se
Pia-Lena Olofsson, CFO, Collector I Phone +46 70 858 04 53 I Email pia-lena.olofsson@collectorbank.se
Åsa Hillsten, CCO & IR Collector I Phone +46 70 081 81 17 I Email asa.hillsten@collectorbank.se

Tags: