STOCKHOLM, Sept. 24, 2019 /PRNewswire/ -- TF Bank
AB (publ) has issued subordinated Tier 2 bonds of SEK 100 million with maturity in September 2029 and first possible call in
September 2024. The bonds carry a
floating rate of 3-month Stibor + 4.65 percent per annum. The issue
received strong interest from Nordic institutional investors and
enable continued strong profitable growth and will further optimise
the capital structure of the company.
Carnegie Investment Bank acted as bookrunner in the transaction
and Roschier Advokatbyrå acted as legal advisor.
For further information, please contact:
Mikael
Meomuttel, CFO and Head of Investor Relations +46 (0)70 626 95
33
This is information which TF Bank is required to disclose
under the EU Market Abuse Regulation. The information was provided,
through the above contact person, for publication on 24 September 2019 at 14.00 CET.
TF Bank in brief
TF Bank is an internet-based niche bank offering consumer
banking services and e-commerce solutions through a proprietary IT
platform with a high degree of automation. The platform is designed
for scalability and adaptability to different products, countries,
currencies and digital banking solutions. TF Bank carries out
deposit and lending activities for about 1 million consumers in
Sweden, Finland, Norway, Denmark, Estonia, Latvia, Lithuania, Poland, Germany and Austria through subsidiary, branch or
cross-border banking. In its Ecommerce Solutions segment, TF Bank
offer next-generation payment and checkout solutions for online
retailers in the Nordics, Estonia
and Poland. TF Bank is listed at
Nasdaq Stockholm.
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