3 April 2018
Svea Ekonomi AB (“Issuer”) issued on 3 April 2018 a perpetual floating rate additional tier 1 capital notes with a nominal amount of up to SEK 300,000,000 on the Swedish market.
The capital notes are perpetual with first call date at the Interest Payment Date falling on or immediately after the fifth (5th) anniversary of the Issue Date. The notes have a floating interest rate of three (3) months STIBOR plus 5.65 per cent. per annum . The purpose of the transaction is to diversify and strengthen the Issuer´s primary capital base. The Issuer will file an application for the notes to be listed on the Corporate bond list on Nasdaq Stockholm.
Intertrust (Sweden) AB has been appointed by the Issuer to act as agent for the noteholders.