Issuance of AT1 and T2 bonds by Nordax Holding AB (SE) – SEK 1,400 million resp. SEK 650 million

Carnegie acted as joint bookrunner in Nordax´s issuance of Junior Subordinated Additional Tier 1 (“AT1”) and Subordinated Tier 2 (“T2”) bonds in the amount of SEK 1,400 million and SEK 650 million, respectively. The AT1 bonds carry an interest rate of 3m Stibor +475 basis points and are perpetual with first call date after 5 years. The T2 bonds carry an interest rate of 3m Stibor +275 basis points and has a tenor of 10 years with first call date after 5 years. Nordax Bank is a leading specialist bank in Northern Europe owned by Nordic Capital and Sampo.
October 2021.