TF Bank AB (publ) has successfully issued AT1 bonds

TF Bank AB (publ) (“TF Bank” or the “Bank”) has issued subordinated Additional Tier 1 bonds in the amount of SEK 150 million with perpetual tenor and first call date in September 2028 (the “Bonds”). The Bonds carry a floating rate interest of 3 month Stibor + 875 bps per annum. The issue received strong interest from institutional and private investors and enable continued strong profitable growth and will further optimise the capital structure of the Bank. The Bonds will be settled on 6 September 2023 and be admitted to trading on the corporate bond list of Nasdaq Stockholm.

Nordea acted as sole bookrunner in the transaction and Gernandt & Danielsson Advokatbyrå KB acted as legal counsel.

For further information, please contact:
Mikael Meomuttel, CFO and Head of Investor Relations +46 (0) 70 626 95 33

The information was provided for publication on 30 August, 2023 at 15.15 CET.

TF Bank in brief
TF Bank was founded 1987 and is a digital bank offering consumer banking services and e-commerce solutions through a proprietary IT platform with a high degree of automation. Deposit and lending activities are conducted in Sweden, Finland, Norway, Denmark, Estonia, Latvia, Lithuania, Poland, Germany, Austria and Spain through branch or cross-border banking with the support of the Swedish banking license. The operations are divided into three segments: Consumer Lending, Credit Cards and Ecommerce Solutions. TF Bank is listed on Nasdaq Stockholm.