STOCKHOLM, May 4, 2018 /PRNewswire/ -- TF Bank AB
plans to issue a primary capital instrument (AT1) with a nominal
amount of 100 million Swedish Krona to facilitate the banks future
expansion with optimal capital structure.
The new instrument is expected to be issued under the second
quarter of 2018 if market conditions are deemed favorable. The
instrument shall be listed for trading at Nasdaq Stockholm.
Information about the instrument's terms and conditions publicized
at the time of the issuing.
For more information you may contact:
Mikael Meomuttel
CFO and Head of Investor Relations
+46(0)70-626-95-33
About TF Bank
TF Bank is an internet-based niche bank offering consumer
banking services through its proprietary IT-platform with a high
degree of automation. The company's IT platform is designed for
scalability and adaptation to different products, countries,
currencies and digital banking solutions. TF Bank carries out
deposit and lending activities with consumers in Sweden, Finland, Norway, Denmark, Poland, Germany, Estonia and Latvia through subsidiary, branch or
cross-border banking. The business is divided into two segments:
Consumer Lending and Ecommerce Solutions.
This is information which TF Bank is required to disclose under
the EU Market Abuse Regulation. The information was provided for
publication 4 May 2018 at
07:00 CET.
This information was brought to you by Cision
http://news.cision.com
http://news.cision.com/tf-bank-ab--publ-/r/tf-bank-plans-to-issue-a-primary-capital-instrument--at1-,c2513064
The following files are available for download:
http://mb.cision.com/Main/13973/2513064/835184.pdf
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