Bluestep Bank AB (publ) has completed a covered bond tap issue of SEK 200 million

Bluestep Bank AB (publ) (“Bluestep Bank”) has completed a tap issue of SEK 200 million, related to the outstanding covered bond with maturity date November 19th, 2027 (Loan 10, tranche 2, ISIN SE0020356350).

The issue was made under Bluestep Bank’s MTCN-programme with a framework amount of SEK 15 billion. Following the tap issue, a total of SEK 1.2 billion is outstanding under loan 10 and a total of SEK 5.2 billion is outstanding under the programme.

The issued bonds were priced at 101.425% plus accrued interest, corresponding to a re-offer spread of 3m Stibor + 0.46%.

SEB acted as lead manager in the transaction.

For more information, please contact:
Klas Lavemark, Head of Treasury
+46 70 547 5174

Or visit

Published 2024-05-31 17:00