Resurs Bank issues NOK 400 million of senior unsecured bonds
Resurs Bank AB, a wholly owned subsidiary of Resurs Holding AB (Nasdaq Stockholm: RESURS), has issued NOK 400 million of senior unsecured bonds in the Nordic market. The bonds will be listed on Oslo Børs.
The offer attracted very strong demand from the Nordic investor base where institutional demand dominated. The bonds are issued under Resurs Bank’s MTN programme with a total frame of SEK 5 billion and pays a coupon of 3m Nibor + 1.13%. Maturity date will be 20 May 2019.
Swedbank acted as bookrunner in the transaction.
For additional information:
Peter Rosén, CFO & Head of IR Resurs Holding, peter.rosen@resurs.se +46 736 564 934
Sofie Tarring, IR-Officer Resurs Holding, sofie.tarring@resurs.se +46 736 44 33 95
About Resurs Holding:
Resurs Holding (Resurs), which operates through the subsidiaries Resurs Bank and Solid Försäkring, is the leader in retail finance in the Nordic region, offering payment solutions, consumer loans and niche insurance products. Since its start in 1977, Resurs Bank has established itself as a leading partner for sales-driven payment and loyalty solutions in retail and e-commerce, and Resurs has thus built a customer base of approximately 5.5 million private customers in the Nordics. Resurs Bank has had a banking licence since 2001 and is under the supervision of the Swedish Financial Supervisory Authority. The Resurs Group operates in Sweden, Denmark, Norway and Finland. At the end of the second quarter of 2017, the Group had 742 employees and a loan portfolio of SEK 22.3 billion. Resurs is listed on Nasdaq Stockholm, Large Cap.
Tags: