Nordnet issues Additional Tier 1 and Solvency II Tier 2 capital notes

Nordnet issues Additional Tier 1 and Solvency II Tier 2 capital notes to optimize its capital structure. The issuance amounts to SEK 300 million.

The notes have a perpetual maturity with a first call option after five years. The interest rate is 3M STIBOR + 500 bps. The settlement date falls on 14 February 2023. Nordnet intends to apply for admission to trading of the notes at Nasdaq Stockholm.

- The issuance of the bond is a step in the ongoing work to optimize Nordnet’s long-term capital structure, and gives us stability and capacity for future growth, says Lennart Krän, CFO at Nordnet.

Nordea acts as bookrunner and Gernandt & Danielsson as legal counsel in relation to the contemplated issuance of notes.

For more information, please contact:

Johan Tidestad, Chief Communications Officer
johan.tidestad@nordnet.se, +46 708 875 775

Marcus Lindberg, Head of Investor Relations
marcus.lindberg@nordnet.se, +46 764 923 128

Nordnet is a pan-Nordic leading digital platform for savings and investments. Through innovation, simplicity and transparency, we challenge traditional structures, and give private savers access to the same information, tools and services as professionals. Visit us at www.nordnetab.com, www.nordnet.se, www.nordnet.no, www.nordnet.dk or www.nordnet.fi.