TF Bank — Capital/Financing Update 2024

Sep 11, 2024

Press release 11 September 2024

TF Bank has issued Tier 2 bonds

TF Bank AB (publ) ("TF Bank" or the "Bank") has issued subordinated Tier 2 bonds in the amount of SEK 100 million with final maturity date in September 2034 and first call date in September 2029 (the "Bonds"). The Bonds carry a floating rate interest of 3 month Stibor + 400 bps per annum. The issue received strong interest from institutional and private investors and enables continued strong profitable growth and will further optimise the capital structure of the Bank. The Bonds will be settled on 18 September and be admitted to trading on the corporate bond list of Nasdaq Stockholm.

DNB Markets acted as sole bookrunner in the transaction and Gernandt & Danielsson Advokatbyrå acted as legal counsel.

For further information, please contact:

Mikael Meomuttel, CFO and Head of Investor Relations +46 (0) 70 626 95 33

The information was provided for publication on September 11, 2024 at 17:00 CET.

TF Bank in brief

TF Bank was founded 1987 and is a digital bank offering consumer banking services and e-commerce solutions through a proprietary IT platform with a high degree of automation. Deposit and lending activities are conducted in Sweden, Finland, Norway, Denmark, Estonia, Latvia, Lithuania, Poland, Germany, Austria, Spain, Ireland and the Netherlands through subsidiary, branch or cross-border banking with the support of the Swedish banking license. The operations are divided into three segments: Credit Cards, Ecommerce Solutions and Consumer Lending. TF Bank is listed on Nasdaq Stockholm.