Länsförsäkringar Bank AB (publ) gives notice of early redemption of floating rate additional tier 1 capital notes with ISIN SE0015195615
2 oktober, 10:00
Länsförsäkringar Bank AB (publ) gives notice of early redemption of floating rate additional tier 1 capital notes with ISIN SE0015195615
Länsförsäkringar Bank AB (publ) (”LF Bank”) announces that it will carry out an early redemption of all outstanding floating rate additional tier 1 capital notes issued on 19 of November 2020 with ISIN SE0015195615 with a current aggregate nominal amount outstanding of SEK 1,200,000,000 (the “Notes”) in accordance with the terms and conditions of the Notes (the “Terms and Conditions”).
Länsförsäkringar Bank AB (publ) (”LF Bank”) announces that it will carry out an early redemption of all outstanding floating rate additional tier 1 capital notes issued on 19 of November 2020 with ISIN SE0015195615 with a current aggregate nominal amount outstanding of SEK 1,200,000,000 (the “Notes”) in accordance with the terms and conditions of the Notes (the “Terms and Conditions”).
LF Bank will today, 2 of October 2025, send an irrevocable notice of early redemption to the noteholders of the Notes that the Notes will be redeemed in full by LF Bank (the “Redemption”). The consent from the Swedish Financial Supervisory Authority has been obtained in accordance with the Terms and Conditions.
The Notes will be redeemed on 19 of November 2025 (the “Redemption Date”), which corresponds to the first call date of the Notes under the Terms and Conditions and the record date for the Redemption will be 12 of November 2025 (the “Record Date”), which corresponds to five business days prior to the Redemption Date.
The Notes will be redeemed at the price per Note equal to the nominal amount, i.e. SEK 2,000,000 per Note, together with accrued but unpaid interest. The redemption amount will be paid to each registered noteholder in the debt register, maintained by Euroclear Sweden AB, at end of business on the Record Date.
In connection with the Redemption the Notes will be delisted from Nasdaq Stockholm.
Read more:Link to notice of early redemption AT1
Link to notice on LF Bank’s website
For further information, please contact:
Martin Rydin, Acting CEO Länsförsäkringar Bank AB (publ),
+46 (0)8 588 412 79, +46 (0)73 964 28 23
Andreas Larsson, Head of Investor Relations Länsförsäkringar Bank AB (publ),
+46 (0)10 498 70 29, +46 (0)720 84 36 34
The Länsförsäkringar Alliance is comprised of 23 local and customer-owned regional insurance companies and the jointly owned Länsförsäkringar AB. Customers are provided with a complete offering of banking and life and non-life insurance services through their local, regional insurance companies. We offer animal and crop insurance through Agria Djurförsäkring, total solutions for reliable mortgage transactions through Länsförsäkringar Fastighetsförmedling, and financing services such as leasing, instalment payments, and loans through LF Finans
Länsförsäkringar Bank AB (publ) gives notice of early redemption of floating rate additional tier 1 capital notes with ISIN SE0015195615
2 oktober, 10:00
Länsförsäkringar Bank AB (publ) gives notice of early redemption of floating rate additional tier 1 capital notes with ISIN SE0015195615
Länsförsäkringar Bank AB (publ) (”LF Bank”) announces that it will carry out an early redemption of all outstanding floating rate additional tier 1 capital notes issued on 19 of November 2020 with ISIN SE0015195615 with a current aggregate nominal amount outstanding of SEK 1,200,000,000 (the “Notes”) in accordance with the terms and conditions of the Notes (the “Terms and Conditions”).
Länsförsäkringar Bank AB (publ) (”LF Bank”) announces that it will carry out an early redemption of all outstanding floating rate additional tier 1 capital notes issued on 19 of November 2020 with ISIN SE0015195615 with a current aggregate nominal amount outstanding of SEK 1,200,000,000 (the “Notes”) in accordance with the terms and conditions of the Notes (the “Terms and Conditions”).
LF Bank will today, 2 of October 2025, send an irrevocable notice of early redemption to the noteholders of the Notes that the Notes will be redeemed in full by LF Bank (the “Redemption”). The consent from the Swedish Financial Supervisory Authority has been obtained in accordance with the Terms and Conditions.
The Notes will be redeemed on 19 of November 2025 (the “Redemption Date”), which corresponds to the first call date of the Notes under the Terms and Conditions and the record date for the Redemption will be 12 of November 2025 (the “Record Date”), which corresponds to five business days prior to the Redemption Date.
The Notes will be redeemed at the price per Note equal to the nominal amount, i.e. SEK 2,000,000 per Note, together with accrued but unpaid interest. The redemption amount will be paid to each registered noteholder in the debt register, maintained by Euroclear Sweden AB, at end of business on the Record Date.
In connection with the Redemption the Notes will be delisted from Nasdaq Stockholm.
Read more:Link to notice of early redemption AT1
Link to notice on LF Bank’s website
For further information, please contact:
Martin Rydin, Acting CEO Länsförsäkringar Bank AB (publ),
+46 (0)8 588 412 79, +46 (0)73 964 28 23
Andreas Larsson, Head of Investor Relations Länsförsäkringar Bank AB (publ),
+46 (0)10 498 70 29, +46 (0)720 84 36 34
The Länsförsäkringar Alliance is comprised of 23 local and customer-owned regional insurance companies and the jointly owned Länsförsäkringar AB. Customers are provided with a complete offering of banking and life and non-life insurance services through their local, regional insurance companies. We offer animal and crop insurance through Agria Djurförsäkring, total solutions for reliable mortgage transactions through Länsförsäkringar Fastighetsförmedling, and financing services such as leasing, instalment payments, and loans through LF Finans
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