Nordax Bank AB (publ) – Early redemption of subordinated Tier 2 notes

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Press release 19 February 2020

Nordax Bank AB (publ) (the “Issuer”) informs that it intends to voluntarily redeem the SEK 250,000,000 floating rate subordinated callable Tier 2 notes with ISIN SE0006758249 (the “Notes”) on the first call date in accordance with the terms and conditions dated 12 March 2015. All outstanding Notes will be redeemed in full at their nominal amount, together with accrued but unpaid interest. In connection with the redemption, the Notes will be delisted from Nasdaq Stockholm. The redemption date is expected to be 18 March 2020.

A notice of early redemption will today be circulated to the holders of the Notes and will be published on the website of the Issuer. The notice will be irrevocable.

For additional information, please contact:

The Issuer: Nordax Bank AB (publ), Arash Bigloo,, +46 (0)738 660 662.
The Agent Intertrust (Sweden) AB, Beatrice Gustafsson,, +46(0)70 141 10 82.

Important information
This information is information that Nordax Bank AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 09.00 CET on 19 February 2020.