Nordax Bank AB (publ) announces outcome of repurchase offer for its Senior Unsecured Floating Rate Notes
Information to the holders of Senior Unsecured Floating Rate Notes issued by Nordax Bank AB (publ) in relation to the de-listing of the shares in Nordax Group AB (publ)
Nordax Bank AB (publ) (“Nordax Bank”) announced a repurchase offer on 25 April 2018 for its Senior Unsecured Floating Rate Notes (ISIN: SE0008129332) (the “Notes”). The offer expired at 5 pm on 31 May 2018 and at the time of expiration Notes with a total nominal value of 13 MSEK had been tendered by holders and consequently such Notes will be repurchased by Nordax Bank on 18 June 2018 under the repurchase offer.
Notes acquired by Nordax Bank will be cancelled.
For further information, please contact:
Andreas Frid, Head of Media and Investor Relations, tel: +46 705 29 08 00
Nordax is a leading specialist bank in Northern Europe. Today we offer service to more than 150,000 customers in Sweden, Norway, Finland and Germany. We are a specialist bank which, through responsible lending, helps people to make informed decision for a life they can afford. We are specialised in a few products, like mortgages, private loans and savings accounts, in which we are experts. Nordax employs about 200 people, all working in its office in Stockholm. The underwriting process is Nordax’s core competency; it is thorough, sound and data driven. Nordax’s customers are financially stable individuals. As of March 31, 2018 lending to the general public amounted to SEK 14.1 billion and deposits amounted to SEK 7.7 billion. Read more on www.nordaxgroup.com. For more information about Nordax’s customer offerings, read more on each country’s website: www.nordax.se, www.nordax.no, www.nordax.fi and www.nordax.de.
|Nordax Bank AB is obliged to make this information public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 2.30 CET on 1 June 2018.|