Nordax has completed a SEK 200 million tap issue of the senior unsecured bond maturing in September 2022

Nordax has completed a SEK 200 million tap issue of the senior unsecured bond maturing in September 2022

Nordax Bank AB (http://www.nordax.se) (publ) has increased the senior unsecured bond issued on 23 September 2019 (ISIN SE0012675825) by SEK 200 million. The Bond has a final maturity date on 23 September 2022 and amounts to SEK 500 million following the increase. The price for the tap issue was set to 100,143% corresponding to an interest rate of 3m STIBOR + 1.45%.

The Bond is issued under Nordax Bank’s MTN programme with a total frame of SEK 3 billion.
Nordea Bank acted as sole bookrunner in the transaction.

For further information, please contact:
Arash Bigloo, Head of Treasury,

Source: Nordax has completed a SEK 200 million tap issue of the senior unsecured bond maturing in September 2022

About Melania Presa

Melania's hobby is playing pokies(slots). Playing and knowing almost all pokies in Las Vegas over the years Alicia started to write about them. She is our senior journalist. Contact address: melania.presa@goldencasinonews.com