Bluestep Bank issues senior unsecured bonds in SEK

Bluestep Bank AB (publ), (“Bluestep Bank”) issues senior unsecured bonds amounting to SEK 500 million with a 2-year tenor. 

The issue comprises a floating rate tranche of SEK 300million (3m Stibor +1.80%) and a fixed rate tranche of SEK 200 million (4.843%). The notes will be listed on Nasdaq Stockholm.

The notes are issued under Bluestep Bank’s MTN-program, which has a total framework amount of SEK 5 billion. Following the above-mentioned transaction, the total outstanding volume amounts to SEK 1 550 million and NOK 550 million.

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

For more information, please contact:

Klas Lavemark, Head of Treasury

+46 70 547 51 74

Or visit www.bluestepbank.com

About Bluestep Bank

Bluestep Bank is a specialized mortgage bank, a challenger in the Nordic mortgage market and a modern alternative to traditional banks. Bluestep Bank is present in Sweden, Norway and Finland and offers equity release through 60plusbanken. Since 2005, we have enabled financial empowerment of tens of thousands of people, allowing entrance to the housing market and a possibility of regaining control of everyday finances. Bluestep Bank AB (publ) is under the supervision of the Swedish Financial Supervisory Authority. For further information please visit bluestepbank.com.