The notes have a perpetual maturity with a first call option after five years. The interest rate is 3M STIBOR + 500 bps. The settlement date falls on 14 February 2023. Nordnet intends to apply for admission to trading of the notes at Nasdaq Stockholm.
– The issuance of the bond is a step in the ongoing work to optimize Nordnet’s long-term capital structure, and gives us stability and capacity for future growth, says Lennart Krän, CFO at Nordnet.
Nordea acts as bookrunner and Gernandt & Danielsson as legal counsel in relation to the contemplated issuance of notes.