Morrow Bank AB (publ) has today successfully placed subordinated Tier 2 capital bonds in the amount of SEK 200 million with first call date in 2031.
The bonds will carry a floating rate interest of 3-month STIBOR + 325 bps per annum. The bonds are expected to be issued on 16 June 2026 and are intended to be admitted to trading on Nasdaq Stockholm.
The transaction was undertaken as part of the financing of Morrow Bank’s acquisition of MedMera Bank AB.
Nordea Bank Abp acted as sole manager and Advokatfirman Vinge as legal advisor in the transaction.