Avanza Bank Holding AB (publ) has successfully issued additional tier 1 notes

Avanza Bank Holding AB (publ) (“Avanza”) has successfully issued additional tier 1 notes amounting to SEK 800 million.

The notes are perpetual and carry a floating interest rate of 3-month Stibor + 325 bps per annum. The notes are intended to be listed on the corporate bond list of Nasdaq Stockholm.

Avanza is a digital platform for savings and investments founded in 1999. Its services include savings in shares, mutual funds, savings accounts, mortgages, and a strong pension offering. Avanza has over 2 million customers with more than SEK 900 billion in total savings capital.

Avanza was advised by Mannheimer Swartling in the transaction.

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