Vinge Advises Northmill Group AB on Issuance of SEK 100 Million Tier 2 Capital Bonds

Vinge represented Northmill Group AB in connection with the issuance of Tier 2 capital bonds. Vinge advised Northmill Group AB on its successful issuance of SEK 100 million Tier 2 capital bonds (T2) carrying a floating interest rate of 3-month STIBOR + 650 basis points. The issuance is Northmill’s first Tier 2 bond and strengthens the company’s capital base while laying the foundation for continued profitable growth. The raised capital also supports the achievement of previously stated financial targets and highlights Northmill’s position as an innovative market participant. Northmill Group is the parent company of Northmill Bank, a Swedish challenger bank providing financial services to both consumer and business customers. DNB Carnegie acted as sole bookrunner in connection with the bond issuance. Vinge represented Northmill Group AB with a team composed by: Albert Wållgren, Lionardo Ojeda, Caroline Krassén and Nilufer Nouri.

Vinge Advises Northmill Group AB on Issuance of SEK 100 Million Tier 2 Capital Bonds

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