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CorpNordic Agent in a SEK 250,000,000 subordinated bond issued by Nordax Bank AB (publ)

18 March 2015

Nordax Bank AB (publ) issued on 18 March 2015 a subordinated bond with a nominal amount of SEK 250,000,000 on the Swedish market. The bond has a 10-year maturity and a floating interest rate of STIBOR 3M plus 5.75 per cent. per annum. The proceeds from the issue shall be used towards a dividend distribution to its parent company (to enable it to repay its existing subordinated loan) and for general corporate purposes of the group. Nordax Bank AB (publ) will apply for the bond to be listed at the corporate bond list on NASDAQ OMX Stockholm.

CorpNordic Sweden has been appointed by Nordax Bank AB (publ) as agent for the noteholders.

For more information please contact Sara Olsson.

Related bond:
Nordax Bank AB (publ) (Subordinated)

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