TF Bank AB (publ) plans to issue AT1 bonds

TF Bank AB (publ) (“TF Bank”) has mandated Nordea to evaluate the possibility to issue AT1 bonds of SEK 100-150 million to optimise the capital structure and facilitate future growth. The bonds will have a perpetual tenor with the first call option after five years. The transaction is expected to take place in the near future, subject to market conditions.

Nordea acts as bookrunner and Gernandt & Danielsson as legal counsel in relation to the planned transaction.

For further information, please contact:
Mikael Meomuttel, CFO and Head of Investor Relations +46 (0) 70 626 95 33

The information was provided for publication on 28 August, 2023 at 8.00 CET.

TF Bank in brief
TF Bank was founded 1987 and is a digital bank offering consumer banking services and e-commerce solutions through a proprietary IT platform with a high degree of automation. Deposit and lending activities are conducted in Sweden, Finland, Norway, Denmark, Estonia, Latvia, Lithuania, Poland, Germany, Austria and Spain through branch or cross-border banking with the support of the Swedish banking license. The operations are divided into three segments: Consumer Lending, Credit Cards and Ecommerce Solutions. TF Bank is listed on Nasdaq Stockholm.