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Gernandt & Danielsson advises in Nordiska’s issue of AT1 bonds and redemption of existing AT1 bonds
Gernandt & Danielsson advises Bankaktiebolaget Nordiska (publ) (“Nordiska") in its issue of perpetual additional tier 1 bonds in a total amount of SEK 200 million and the concurrent redemption of its outstanding SEK 100 million additional tier 1 bonds. The net proceeds will be used for general corporate purposes. Nordiska intends to apply for admission to trading of the new additional tier 1 bonds on the corporate bond list of Nasdaq Stockholm.
Nordiska is a bank offering innovative financial products for both corporates and consumers. Nordiska Embedded is a platform for embedded financial services, where we offer savings, lending or payment services, either under our own brand or through partners. Nordiska also provides corporate and real estate financing as well as sustainable savings with government deposit insurance.
Gernandt & Danielsson advises Nordiska with a team consisting of partner Mikael Bolling and senior associate Jessica Khoo.
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Gernandt & Danielsson is one of Sweden’s leading law firms for Swedish and international business law. We are a full service firm with a particular focus on transactions, dispute resolution and financial services. 150 employees, including 100 lawyers, work at our office located in Stockholm. For more information, please visit www.gda.se
