Resurs Bank examines the possibility to issue bonds within existing MTN-programme
Resurs Bank AB (Publ) has mandated Swedbank for an expected minimum SEK 500m 2.5 year senior unsecured transaction, under the issuers SEK 5 bn MTN Programme. The transaction is expected to take place in the near future, subject to market conditions.
About Resurs Bank: Resurs was founded in 1977 and is one of the fastest-growing niche banks in the Nordic region. During the 1980s, we pioneered the successful “interest free” retail finance concept, and today we are one of the leading Nordic retail finance banks, with over 5.5 million private customers across the Nordic region. From our core business in retail finance, we have expanded our product offering to also include savings accounts, insurance policies, consumer loans and credit cards. Resurs Bank is owned by Parent Company Resurs Holding and is part of the Resurs Holding Group. In 2015, Resurs Bank acquired the subsidiary yA Bank. When we use the term “Group” in this report, we are referring to the Resurs Bank Group.