Resurs Holding AB (Resurs), owner of Resurs Bank AB with a BBB credit rating (NCR), has mandated Nordea and Swedbank to explore the possibility of issuing Additional Tier 1 Capital. The capital instrument has a perpetual maturity, with the first call option after five years complemented by a 3-month refinancing call and a temporary write-down structure. The Notes will constitute and fulfil the applicable requirements for Additional Tier 1 Capital.
The transaction is expected to take place within the near future, subject to market conditions. Investor meetings are planned to take place on the 6th of December.
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