Swedbank AB Swedbank issues Additional Tier 1 Capital (2179Q)

TIDM81BO

RNS Number : 2179Q

Swedbank AB

16 February 2023

Swedbank issues Additional Tier 1 Capital

Swedbank issues Additional Tier 1 Capital (AT1) to optimise its capital structure. The USD 500 million issuance has a coupon of 7.625 per cent and an issue price of 100 per cent.

The loan is perpetual with a call option after 5.5 years. The issuance is in the form of debt instruments with mandatory conversion into ordinary shares if the regulatory capital of the bank decreases to a certain level.

The issuance will be subscribed by and allotted to the joint lead managers. Settlement date is 23 February 2023 . The instruments will be listed on the Global Exchange Market regulated by the Irish Stock Exchange, Euronext Dublin.

Contact:

   Peter Stenborn                                                               Unni Jerndal 
   Investor Relations                                                          Senior Advisor 
   peter.stenborn@swedbank.com                                 unni.jerndal@swedbank.com 
   +46 70 676 6092                                                            +46 73 092 1180

This disclosure contains information that Swedbank is obliged to make public pursuant to the Swedish Securities Markets Act (2007:528), the Swedish Financial Instruments Trading Act (1991:980) and the regulatory framework of Nasdaq Stockholm. The information was submitted for publication, through the agency of the contact person, on [Date and time is inserted automatically].

Swedbank empowers the many people and businesses to create a better future. Our vision is a financially sound and sustainable society. Swedbank is the leading bank with over 7 million retail customers and 600 000 corporate customers in our four home markets Sweden, Estonia, Latvia and Lithuania. Swedbank is also present in other Nordic countries, the U.S. and China. Together we make your financial life easier. Find out more:

www.swedbank.com

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