Avida successfully issues bonds

Avida Finans successfully issues SEK 250 million of subordinated Tier 2 bonds

 Avida Finans Aktiebolag (publ) has issued its inaugural debt capital market transaction of SEK 250 million of subordinated Tier 2 bonds (sw. supplementärkapital) due 2028 with a first possible call date in November 2023. The bonds carry a floating rate coupon of 3 month Stibor + 6.50 percent per annum. The bonds received strong interest from Nordic institutional investors and the transaction 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 more information, contact: Tord Topsholm, CEO, +46 72 402 4435