Matters

Gernandt & Danielsson advises Nordnet AB (publ) in its issue of own funds instruments

Gernandt & Danielsson advises Nordnet AB (publ) (“Nordnet”) in its issue of CRR Additional Tier 1 (AT1) and Solvency II Tier 2 capital notes in a total amount of SEK 300 million having a perpetual maturity with a first call option after five years. The notes are the first of its kind as designed to fulfil the requirements as Additional Tier 1 capital under CRR and Solvency II Tier 2 capital.

Nordnet is a pan-Nordic leading digital platform for savings and investments. Nordnet offers services within savings and investments, loans and pensions and operated in Sweden, Norway, Denmark and Finland. Nordnet AB (publ) has been listed on the Nasdaq Stockholm Large Cap list since 25 November 2020.

Gernandt & Danielsson has advised Nordnet with a team consisting of partner Mikael Bolling and senior associate Camilla Hedner as regards debt financing matters as well as partner Niclas Rockborn and counsel Björn Hård af Segerstad as regards regulatory matters.