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NOBA Bank Group Successfully Issues Senior Preferred Bonds

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NOBA Bank Group Successfully Issues Senior Preferred Bonds

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Noba Bank Group AB ( (SE:NOBA) ) has issued an update.

NOBA Bank Group AB has successfully issued senior preferred bonds totaling SEK 1 billion and NOK 500 million, with a 3-year tenor and interest tied to 3-month STIBOR/NIBOR plus 1.40%. The bonds, part of NOBA’s MTN programme, will be listed on Nasdaq Stockholm, enhancing the company’s financial positioning and market presence.

More about Noba Bank Group AB

NOBA Bank Group AB operates through three brands: Nordax Bank, Bank Norwegian, and Svensk Hypotekspension, serving over two million customers across eight markets. The company focuses on providing specialized, customer-centric financial services that promote financial health sustainably for individuals, the bank, and society.

Average Trading Volume: 12,401,772

Learn more about NOBA stock on TipRanks’ Stock Analysis page.

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