TF Bank plans to issue Tier 2 bonds
TF Bank AB (publ) has mandated DNB Markets as Bookrunner to evaluate the possibility to issue Tier 2 bonds in the expected amount of SEK 100 million to optimise the capital structure and facilitate future growth. A group investor call will be held on 11 September 2024. The issue is expected to occur in the near future, subject to market conditions.
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 September 10, 2024 at 08:30 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, Spain, Ireland and the Netherlands through subsidiary, branch or cross-border banking with the support of the Swedish banking license. The operations are divided into three segments: Credit Cards, Ecommerce Solutions and Consumer Lending. TF Bank is listed on Nasdaq Stockholm.