Morrow Bank AB: Successful placement of Additional Tier 1 bonds

05 Jun 2026 15:29 CEST

Morrow Bank AB (publ) has today successfully placed perpetual Additional Tier
1 capital bonds in the amount of NOK 300 million with first call date in 2031.

The bonds will carry a floating rate interest of 3-month NIBOR + 425 bps per
annum. The bonds are expected to be issued on 12 June 2026 and are intended to
be admitted to trading on Nasdaq Stockholm.

The transaction was undertaken as part of the financing of Morrow Bank's
acquisition of MedMera Bank AB.

The transaction was very well-received by the market with a granular orderbook
being 1.8x oversubscribed at the final spread level, enabled by prominent
Norwegian and Swedish investors complemented by Private Banking demand.

Nordea Bank Abp acted as sole manager and Advokatfirman Vinge as legal advisor
in the transaction.

Contact
Eirik Holtedahl, CFO
Tel: +47 96 91 22 91
Email: ir@morrowbank.com

About Morrow Bank
Morrow Bank is a Nordic consumer finance bank offering digital and flexible
financing solutions to creditworthy individuals in Norway, Sweden and Finland.
The bank offers consumer loans, credit cards and high-yield deposit accounts,
supported by a modern and scalable banking platform.

More information:
Access the news on Oslo Bors NewsWeb site

675538_Morrow Bank AB- Successful placement of Additional Tier 1 bonds.pdf