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Resurs Bank issues senior unsecured bonds

In line with Resurs’s strategy of long-term diversified financing, Resurs Holding’s subsidiary Resurs Bank has issued senior unsecured bonds of SEK 500 million and NOK 200 million.

Resurs Bank AB, a wholly owned subsidiary of Resurs Holding AB (Nasdaq Stockholm: RESURS), has issued senior unsecured bonds of SEK 500 million and NOK 200 million in the Nordic markets. The bonds were issued under Resurs Bank’s MTN programme, with a total framework of SEK 10 billion, and will be listed on Nasdaq Stockholm and Oslo Børs respectively.

Both the Swedish and the Norwegian bonds have a two-year-tenor. The Swedish bonds will carry variable interest of 3 months STIBOR +1.80%, and the Norwegian bonds will carry variable interest of 3 months NIBOR +1.80%.

SEB and Swedbank acted as financial consultants in connection with the bond issue.

MORE INFORMATION:
Sofie Tarring Lindell, CFO and Head of IR, +46-73-644 33 95, sofie.tarringlindell@resurs.se
Martin Johansson, Head of Treasury, +46-73-661 21 65, martin.johansson@resurs.se

ABOUT RESURS HOLDING
Resurs Holding (Resurs), which operates through the subsidiary Resurs Bank, is the leader in retail finance in the Nordic region, offering payment solutions, consumer loans and niche insurance products. Since its start in 1977, Resurs Bank has established itself as a leading partner for sales-driven payment and loyalty solutions in retail and e-commerce, and Resurs has thus built a customer base of approximately six million private customers in the Nordics. Resurs Bank has had a banking licence since 2001 and is under the supervision of Finansinspektionen. The Resurs Group operates in Sweden, Denmark, Norway and Finland. At the end of the second quarter of 2024, the Group had 665 employees and a loan portfolio of SEK 39.7 billion. Resurs is listed on Nasdaq Stockholm.

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Resurs Bank issues senior unsecured bonds

Datum 2024-09-25, kl 08:00
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Resurs Bank issues senior unsecured bonds
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