NOBA Bank Group AB (publ) (”NOBA”) has successfully issued two tranches of subordinated Tier 2 bonds of NOK 400.5 million and SEK 351 million respectively. The bonds have a 10.25-year tenor with a possible first call after 5 years and carries an interest of NIBOR/STIBOR 3 months + 7.00%. The bonds will be listed on Nasdaq Stockholm. Settlement date will be 15 June 2023.

The bonds have been issued under NOBA’s SEK 5 billion MTN programme.

Carnegie, Nordea and SEB have acted as joint lead managers in the transaction.

For further information, please contact:

Arash Bigloo, Head of Treasury
arash.bigloo@nordax.se
+46 738 66 06 62

Mats Benserud, Group Head of Investor Relations
ir@noba.bank
+47 95 89 15 39

About NOBA Bank Group

With a diversified offering through three brands, Nordax Bank, Bank Norwegian and Svensk Hypotekspension and 2 million consumers, we have the size, skill, and scale to enable healthier finances for more. NOBA collects specialized, customer centric financial offerings that is sustainable for the individual, the bank and the society at large, today and tomorrow. NOBA Bank Group AB (publ) (“NOBA”) is owned by Nordic Capital Fund IX, Nordic Capital Fund VIII and Sampo. Today the NOBA group has approximately 650 employees and is active in 7 markets.

As of 31 March 2023, lending to the public amounted to SEK 93.7 billion and deposits to SEK 80.1 billion. Read more about NOBA and our brands at www.noba.bank