Gernandt & Danielsson advises TF Bank AB (publ) (“TF Bank”) in its early redemption of SEK 100 million Additional Tier 1 bonds with ISIN SE0011311240 and the following de-listing of the bonds from Nasdaq Stockholm.

TF Bank is an internet-based niche bank offering consumer banking services and e-commerce solutions through an IT platform with a high degree of automation. Deposit and lending activities are conducted in Sweden, Finland, Norway, Denmark, Estonia, Latvia, Lithuania, Poland, Germany, Austria and Spain through branch or cross-border banking. TF Bank’s shares are listed on Nasdaq Stockholm.

Gernandt & Danielsson advises TF Bank with a team consisting of partners Mikael Borg and Mikael Bolling, counsel Björn Hård af Segerstad (regulatory) and senior associate Simon Wetterholm.