Northmill Closes Second Tier 2 Bond Issuance
Northmill Group AB announced the successful closing of its second Tier 2 bond issuance, valued at SEK 150 million. The bond carries a margin of 475 basis points over three-month STIBOR.
Northmill Group AB announced on September 4, 2026, the successful completion of its second Tier 2 bond issuance, amounting to SEK 150 million. The bond's margin is set at 475 basis points over the three-month STIBOR rate.
The issuance, managed by the bank's parent company, Northmill Group AB, is scheduled to be dated September 11, 2026. This move follows a period of strong financial performance reported by the company in its second quarter 2026 results.
The new bond issuance is intended to further optimize Northmill's capital structure and enhance its strategic flexibility as the company pursues continued profitable growth.