Nordax Bank AB (publ) has mandated Carnegie and Danske Bank to arrange a series of fixed income meetings on May 20-21 in order to investigate the possibility to issue subordinated Tier 2 bonds in SEK.
The bonds will have a tenor of 10 years with a first call date after five years and an expected deal size of SEK 350 million, which will strengthen Nordax capital structure further. The transaction is expected to take place in the near future, subject to market conditions.
For further information, please contact:
Andreas Frid, Head of Marketing & Communication, tel: +46 705 29 08 00