Avanza Bank AB has successfully issued a subordinated Tier 2 floating rate bond of SEK 100m with a term of ten years in the Swedish bond market. The bond carries an interest of three months STIBOR plus 300 basis points and has final maturity on December 10, 2025.
Avanza Bank AB will apply for the bond to be listed on NASDAQ OMX Stockholm.
The purpose of the bond issuance is to strengthen the Group's financing.
Avanza Bank AB (publ)