Resurs Holding explores the possibility of issuing Additional Tier 1 Capital

Non Regulatory

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 and a temporary write-down structure. The transaction is expected to take place within the near future, subject to market conditions. Investor meetings are planned to take place on the 2th and 3th of December.



More information is available from:
Christina Kassberg, CFO & Head of IR,
  +46 73 640 28 75
Christina Jungvid Ohlsson, IR Officer,  +46 70 781 65 58




Resurs Holding (Resurs), which operates through the subsidiaries Resurs Bank and Solid Försäkring, 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 6.0 million private customers in the Nordics. Resurs Bank has had a banking licence since 2001 and is under the supervision of the Swedish Financial Supervisory Authority. The Resurs Group operates in Sweden, Denmark, Norway and Finland. At the end of the second quarter of 2019, the Group had 737 employees and a loan portfolio of SEK 31.1 billion. Resurs is listed on Nasdaq Stockholm.