03 Dec 2024
NOBA Bank Group AB (publ) has successfully issued senior unsecured bonds
NOBA Bank Group AB (publ) (”NOBA”) has successfully issued SEK 1,000,000,000 senior unsecured bonds. The bonds have a 3-year tenor and carry an interest of 3 months STIBOR + 1.65%. The bonds will be listed on Nasdaq Stockholm. Settlement date will be 10 December 2024. In conjunction with the transaction, NOBA completed buybacks of SEK 196,000,000 in the outstanding senior unsecured bond due December 2024 (ISIN: SE0013360575) and SEK 102,000,000 in the outstanding senior unsecured bond due February 2025 (ISIN: SE0016274310).
The bonds were issued under NOBA’s existing MTN programme, which has a total framework of SEK 5 billion.
Danske Bank and Nordea acted as lead managers in the transaction.
For further information, please contact:
Patrick MacArthur, CFO
E-mail: patrick.macarthur@nordax.se
Rickard Strand, Head of Investor Relations
E-mail: rickard.strand@nordax.se
About NOBA Bank Group
With a diversified offering through our three brands – Nordax Bank, Bank Norwegian and Svensk Hypotekspension – and about two million customers, we have the size, knowledge and scalability required to enable financial health for more people. NOBA provides specialized, customer-centric financial offerings that are sustainable for the individual, the bank and society at large, today and in the future. NOBA Bank Group AB (publ) (“NOBA”) is owned by Nordic Capital Fund IX, Nordic Capital Fund VIII and Sampo. The NOBA group has approximately 650 employees and is active in eight markets.
Read more about NOBA and our brands at www.noba.bank.
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NOBA Bank Group AB (publ) has successfully issued senior unsecured bonds