Resurs Bank issues SEK 500 million of senior unsecured bonds

Resurs Bank AB has issued SEK 500 million of senior unsecured bonds in the Nordic market. The 3 year bonds (with maturity June 2021) will be listed on Nasdaq Stockholm.

The bonds are issued under Resurs Bank’s MTN programme with a total frame of SEK 5 billion and pays a coupon of 3m Stibor + 1.50%. Settlement date will be 16 May 2018 and maturity date 16 June 2021.

Swedbank acted as sole bookrunner in the transaction.

For additional information:
Peter Rosén, CFO & Head of IR, peter.rosen@resurs.se +46 736 56 49 34
Sofie Tarring, IR-Officer, sofie.tarring@resurs.se +46 736 44 33 95  

About Resurs:
Resurs was founded in 1977 and is one of the fastest-growing niche banks in the Nordic region. During the 1980s, we pioneered the successful “interest free” retail finance concept, and today we are one of the leading Nordic retail finance banks, with about 5.7 million private customers across the Nordic region. From our core business in retail finance, we have expanded our product offering to also include savings accounts, insurance policies, consumer loans and credit cards. Resurs Bank is owned by Parent Company Resurs Holding and is part of the Resurs Holding Group. In 2015, Resurs Bank acquired the subsidiary yA Bank.

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About Us

About Resurs:Resurs is a Nordic niche bank that offers leading payment and financing solutions for the retail industry and its customers. We help companies and private individuals with lending, saving and payments. With more than 40 years of experience in the retail sector, we make shopping online and in stores quick, easy and secure. We focus on the customer experience and make good things happen and the hard feel easier. We have about 6 million private customers and more than 700 employees in the Nordics.