Avida Finans Aktiebolag (publ) has issued SEK 200 million of junior subordinated perpetual Additional Tier 1 bonds (sw. primärkapitaltillskott) with a first possible call date in June 2024.
The bonds carry a floating rate coupon of 3 month Stibor + 9.50 percent per annum. The transaction received strong interest from Nordic institutional investors and will further strengthen the capital position of the company and enable continued strong profitable growth.
The Issuer intends to apply for listing of the bonds on Nasdaq Stockholm. Carnegie Investment Bank and DNB Markets acted as joint bookrunners in the transaction and Roschier Advokatbyrå acted as legal advisor.
For further information please contact: Tord Topsholm, CEO at Avida, Telephone: +46 72-402 44 35. E-mail: tord.topsholm@avida.se