STOCKHOLM, Sept. 25, 2018 /PRNewswire/ --
TF Bank AB (publ) issued SEK 100,000,000 of floating rate perpetual additional tier 1 capital bonds on 7 June 2018. The bonds carry a floating interest of STIBOR plus 6.75 per cent per annum.
TF Bank AB (publ) has applied for the listing of the bonds at Nasdaq Stockholm. The bonds will be admitted to trading as soon as possible.
In connection with the listing, TF Bank AB (publ) has prepared a prospectus. The prospectus has been approved by, and registered with, the Swedish Financial Supervisory Authority in accordance with the Financial Instruments Trading Act (1991:980). The prospectus will be available on the Financial Supervisory Authority's website (www.fi.se) and on TF Bank's website (www.tfbankgroup.com).
TF Bank in brief
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, Latvia and Lithuania 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 AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on 25 September 2018 at 18:00 CET.
For further information, please contact:
Mikael Meomuttel, CFO and Head of Investor Relations +46-(0)-70-626-95-33
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SOURCE TF Bank AB (publ)