Gernandt & Danielsson has advised TF Bank in its issue of Tier 2 bonds and redemption of existing Tier 2 bonds

Gernandt & Danielsson has advised TF Bank AB (publ) (“TF Bank”) in its issue of Tier 2 bonds in a total amount of SEK 150 million and the concurrent redemption of its outstanding SEK 100 million Tier 2 bonds.

TF Bank is a fast-growing digital credit and payment platform operating in 14 European countries. Through its proprietary IT infrastructure, TF Bank develops simple and flexible payment and financing solutions for millions of customers. Since its founding in 1987, TF Bank has consistently combined growth with profitability, and following the stock market listing in 2016, this development has continued with a strong focus on scalability and automation. TF Bank is listed on Nasdaq Stockholm.

Gernandt & Danielsson has advised TF Bank with a team consisting of partners Mikael Borg and Mikael Bolling and associates Einar Brunsberg and Amanda Kull.