STOCKHOLM, May 30, 2018 /PRNewswire/ -- TF Bank AB has
successfully issued SEK 100m
Additional Tier 1 Capital. The instrument is perpetual, with a
first call date after 5 years and a coupon of 3 month STIBOR + 6.75
percent. The instrument will be listed on Nasdaq Stockholm.
TF Bank has SEK 100m Tier 2 in
place with a maturity in December
2025. The two hybrid capital instruments enable TF Bank to
finance the expected future growth through an optimal capital
structure.
SEB has been advising TF Bank on the AT1 transaction.
For more information, please contact:
Mikael
Meomuttel
CFO and Head of Investor Relations
+46(0)70-626-95-33
About TF Bank
TF Bank is an internet-based
niche bank offering consumer banking services through its
proprietary IT-platform with a high degree of automation. The
company's IT platform is designed for scalability and adaptation to
different products, countries, currencies and digital banking
solutions. TF Bank carries out deposit and lending activities with
consumers in Sweden, Finland, Norway, Denmark, Poland, Germany, Estonia and Latvia through subsidiary, branch or
cross-border banking. The business is divided into two segments:
Consumer Lending and Ecommerce Solutions.
This is information which TF Bank is required to disclose under
the EU Market Abuse Regulation. The information was provided for
publication 30 May 2018 at
11:45 CET.
This information was brought to you by Cision
http://news.cision.com
http://news.cision.com/tf-bank-ab--publ-/r/tf-bank-has-optimised-the-capital-structure-by-issuing-additional-tier-1-capital--at1-,c2535061
The following files are available for download:
http://mb.cision.com/Main/13973/2535061/850977.pdf
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