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Bluestep Bank has issued senior unsecured bonds in SEK and NOK

Bluestep Bank AB (publ), (“Bluestep”) has issued senior unsecured floating rate notes amounting to SEK 500 million and NOK 200 million respectively. Both notes have a 3-year tenor. The loan date for the notes is the 8th of April 2021.

The issue of NOK-denominated notes follows the approval and passporting of the base prospectus to Norway. The prospectus is available at www.bluestepbank.com/investor-relations/mtn-programme/base-prospectus/.

The notes pay a coupon of 3m Stibor +0.65% and 3m Nibor +0.70%, respectively. The notes will be listed on Nasdaq Stockholm and Oslo Børs, respectively.

In conjunction with the issue, a repurchase of SEK 130 million of Bluestep’s outstanding notes with maturity in December 2021 will be completed (ISIN SE0010599464). After the repurchase SEK 870 million will be outstanding in the loan with maturity in December 2021.

The notes are issued under Bluestep’s MTN-program, which has a total framework amount of SEK 5 billion. Following the above-mentioned transactions, the total outstanding volume amounts to SEK 2 370 million and NOK 200 million.

Danske Bank, Nordea and SEB acted as Joint Lead Managers for the transactions.

For additional information, please contact:

Klas Lavemark, Head of Treasury

+46 70 547 51 74

Or visit: www.bluestepbank.com