Avanza Bank Holding (publ) issues Additional Tier 1 Capital (AT1) to optimise its capital structure. The issuance of SEK 500 million has a coupon of 3M STIBOR+2.85 per cent.
The bond is perpetual with a call option after five years. The instrument will be listed on Nasdaq Stockholm and the settlement date is 31 March 2026.
”We work continuously to optimise Avanza’s capital structure, and the issuance is a natural part of this. A strong capitalisation also paves the way for future savings capital growth,” says Jonas Svärling, CFO of Avanza.
Nordea and SEB have acted as financial advisors in the transaction, and Mannheimer Swartling as legal advisor.
For further information, please contact:
Elias Nilsson, Head of Communications
+46 (0) 70 154 00 53
elias.nilsson@avanza.se
Karolina Johansson, Head of Investor Relations
+46 (0) 8 409 422 08
IR@avanza.se
Avanza is a digital platform for savings and investments, founded in 1999. The Parent Company, Avanza Bank Holding AB (publ), is listed on the Stockholm Stock Exchange. Avanza’s customer promise is that you as a customer will have more left in your own pockets than with any other bank or pension company. Services include saving in shares, funds, savings accounts, mortgages, and a strong pension offering. Avanza has over 2.2 million customers with more than SEK 1,100 billion in total savings capital. This is equivalent to 8.3 per cent of the Swedish savings market. Avanza is largest in terms of number of transactions among Swedish banks on the Stockholm Stock Exchange. During the last 16 years Avanza has won SKI’s (Swedish Quality Index) award, “Year’s Most Satisfied Savings Customers”. For more information visit: avanza.se/ir