Nordiska issues Tier 2 notes

Nordiska Kreditmarknadsaktiebolaget (publ) (“Nordiska” or the “Company”) has successfully placed subordinated Tier 2 notes in an amount of SEK 200 million with a tenor of ten years and three months and first call date after five years (the “Tier 2 Notes” or the “Notes Issue”). The Tier 2 Notes will carry a floating rate interest of 3-month STIBOR + 825 bps per annum. The Notes Issue was oversubscribed, hence, Fort Knox Förvaring AB’s prior commitment of MSEK 150 was not utilised in full.

The issue date for the Tier 2 Notes is expected to be 5 March 2024 in connection with closing of the Company’s acquisition of Umeå Release Finans AB.

Nordea Bank Abp acted as sole bookrunner in the Notes Issue and Gernandt & Danielsson Advokatbyrå KB acted as legal counsel.

For more information, please visit Nordiska’s website at www.nordiska.se or contact:

Mikael Gellbäck, Chief Executive Officer

Tel: +46 8 23 28 00

Mail: mikael.gellback@nordiska.com

Nordiska Kreditmarknadsaktiebolaget (publ) (Nasdaq Stockholm: NOKRE001) is a credit institution offering deposit accounts at market leading rates, as well as flexible and tailored debt and financing arrangements to private individuals and companies. Moreover, Nordiska’s partner offering gives partners the opportunity to provide their customers with in-house financial services. This is achieved with the help of Nordiska’s technically modern and cloud-based platform and APIs.