Skip to main content

Notice of early redemption – Klarna Bank AB (publ) SEK 300,000,000 Floating Rate Subordinated Tier 2 Capital Notes

24 May 2021

In accordance with the Terms and Conditions, the Issuer has received prior consent from the Swedish Financial Supervisory Authority to redeem the Notes and the Issuer hereby gives notice to all Noteholders of the Issuer’s outstanding Notes of exercise of its option for early redemption of the Notes in full in accordance with Clause 9.2 (Early redemption at the option of the Issuer) of the Terms and Conditions. The early redemption date will fall on 21 June 2021 and the record date for the early redemption will fall on 14 June 2021, i.e., five (5) Business Days prior to the  early redemption date (the “Record Date”).

As set out in the Terms and Conditions, all Notes will be redeemed at 100.00 per cent. of the Nominal Amount (i.e. SEK 1,000,000 per Note) together with any accrued and unpaid interest
(the “Redemption Amount”). The Redemption Amount will be paid to each person who is registered as owner of Notes in the debt register maintained by the CSD at end of business on the Record Date.

This notice of early redemption is irrevocable and is governed by Swedish law. This notice is for information purposes only and is not to be construed as an offer to purchase or sell or a
solicitation of an offer to purchase or sell with respect to any securities of the Issuer.

The notice can be found on Klarna’s site here:

The full notice can be found here: Klarna_-_Notice_of_Early_Redemption SE0008435036 – Final

For further information, please contact the Issuer at:
Aoife Houlihan, VP of Communications
Tel: +46 (0) 72 855 8047

Latest Insights & Events