Landshypotek issues Additional Tier 1 Notes
Landshypotek Bank Aktiebolag (publ) (“Landshypotek”) issues perpetual additional tier 1 notes in amount of SEK 400 million to optimise Landshypotek’s capital structure.
Landshypotek intends to apply for admission to trading of the new additional tier 1 notes on the corporate bond list of Nasdaq Stockholm.
Landshypotek was founded in 1836 and is one of the ten largest lending banks in Sweden. The bank is deemed systemically important for the farming and forestry industries and is owned by some 36,500 farming and forestry customers, who are organised as a cooperative association.
Landshypotek was advised by Mannheimer Swartling in the transaction.