Bluestep Bank issues 5-year, SEK 1 000 million covered bonds
Bluestep Bank AB (publ), (“Bluestep”) has issued 5-year, SEK 1 000 million covered bonds. The bonds were priced at 102.508 corresponding to a yield of 3m Stibor +0.50%. The bonds will be listed on Nasdaq Stockholm with a coupon of 3m Stibor +1.00%.
Bluestep’s MTCN-program has a total framework amount of SEK 15 billion and the bonds are expected to be rated Aa1 by Moody’s.
Danske Bank, Nordea and SEB acted as joint lead managers for the transaction.
For additional information, please contact:
Johanna Clason, CFO
Louise Bergström, Head of Investor Relations
Tel: +46 731 427 466
Or visit www.bluestepbank.com
Published 2020-10-01 15:20