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Nordiska issues Tier 2 notes

Nordiska Kreditmarknads­aktiebolaget (publ) (“Nordiska” or the “Company”) has successfully placed subordinated Tier 2 notes in an amount of SEK 200 million with a tenor of ten years and three months and first call date after five years (the “Tier 2 Notes” or the “Notes Issue”). The Tier 2 Notes will carry a floating rate interest of 3-month STIBOR + 825 bps per annum. The Notes Issue was oversubscribed, hence, Fort Knox Förvaring AB’s prior commitment of MSEK 150 was not utilised in full.

The issue date for the Tier 2 Notes is expected to be 5 March 2024 in connection with closing of the Company’s acquisition of Umeå Release Finans­ AB.

Nordea Bank Abp acted as sole bookrunner in the Notes Issue and Gernandt & Danielsson Advokatbyrå KB acted as legal counsel.

For more information, please visit Nordiska’s website at www.nordiska.se or contact:

Mikael Gellbäck, Chief Executive Officer

Tel: +46 8 23 28 00

Mail: mikael.gellback@nordiska.com

Nordiska Kreditmarknads­aktiebolaget (publ) (Nasdaq Stockholm: NOKRE001) is a credit institution offering deposit accounts at market leading rates, as well as flexible and tailored debt and financing arrangements to privat­e individuals and companies. Moreover, Nordiska’s partner offering gives partners the opportunity to provide their customers with in-house financial services. This is achieved with the help of Nordiska’s technically modern and cloud-based platform and APIs.

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