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,