FOREX Bank publishes Tier 2 bond prospectus and applies for listing of its Tier 2 bonds on Nasdaq Stockholm
On 1 February 2017, FOREX Bank Aktiebolag (publ), (the “Company” or “FOREX Bank”) issued subordinated Tier 2 bonds (Sw. supplementärkapital) in an amount of SEK 250 million. The Tier 2 bonds, with a possible call date in 2022, will mature on 1 February 2027 and carry a floating rate coupon of 3 months Stibor plus 5.65 per cent per annum. The Company has, in accordance with the terms and conditions for the Tier 2 bonds, applied for listing of the Tier 2 bonds at Nasdaq Stockholm and the first day of trading is expected to be on the 28th of February 2017. FOREX Bank has prepared a