Norion Bank AB (publ) has successfully issued Additional Tier 1 Capital Notes
Norion Bank AB (publ) (”Norion”) has successfully issued SEK 300 million Additional Tier 1 Capital Notes.
The capital instruments are perpetual with first call after five years. The notes pay a floating rate coupon of 3 months STIBOR + 4.75% and Norion intends to apply for admission to trading of the notes at Nasdaq Stockholm. Settlement date will be 26 May 2026.
- We are pleased with the continued confidence investors have shown in us in connection with the issuance. The transaction has been executed on attractive terms following improved pricing and strong investor interest, says Martin Nossman, CEO, Norion Bank.