Brief: Resurs Bank Secures Deal For Capital Relief Of About SEK 900 Mln

Resurs Holding AB (publ)

30/11/2023 08:32

Nov 30 (Reuters) - Resurs Holding AB (publ)  RESURS.ST :
    * OPTIMIZES CAPITAL STRUCTURE THROUGH STRATEGIC PARTNERSHIP
WITH
LOWELL, EXPECTED CAPITAL RELIEF OF ABOUT SEK 900 MILLION
    * TRANSACTION IS EXPECTED TO RESULT IN A CAPITAL RELIEF OF
ABOUT
SEK 900 MILLION
    * COLLABORATION, WHICH INVOLVES A SECURITIZATION OF ABOUT
SEK 1.2
BILLION OF DEFAULTED LOANS, AIMS TO STRENGTHEN RESURS BANK'S
CAPITAL STRUCTURE
    * AFTER TRANSACTION, RESURS BANK NPL RATIO IS ESTIMATED TO
AMOUNT
TO ABOUT 8.9%(14.3% 30 SEPTEMBER 2023)

Source text for Eikon:  ID:nMFN9XYKWV 
Further company coverage:  RESURS.ST 

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