Avanza Raises SEK 500 Million in AT1 Issue to Bolster Capital Structure

Avanza Bank Holding AB ( (SE:AZA) ) has issued an announcement.

Avanza Bank Holding AB has issued SEK 500 million in Additional Tier 1 capital to optimise its capital structure and support future growth in customer savings. The perpetual bond, carrying a coupon of 3M STIBOR plus 2.85 per cent and callable after five years, will be listed on Nasdaq Stockholm, underscoring the bank’s focus on maintaining strong capitalisation and regulatory flexibility.

Management highlighted that the deal is part of an ongoing effort to strengthen Avanza’s balance sheet, which underpins its ability to expand its digital savings and investment services. The transaction, advised by Nordea, SEB and Mannheimer Swartling, reinforces Avanza’s position as a leading Swedish retail investment platform by ensuring robust funding for continued market share gains and product development.

The most recent analyst rating on (SE:AZA) stock is a Hold with a SEK320.00 price target. To see the full list of analyst forecasts on Avanza Bank Holding AB stock, see the SE:AZA Stock Forecast page.

More about Avanza Bank Holding AB

Avanza Bank Holding AB is a Swedish digital savings and investment platform founded in 1999 and listed on the Stockholm Stock Exchange. It offers services including share and fund investing, savings accounts, mortgages and pensions, holds over 2.2 million customers with more than SEK 1,100 billion in savings, and commands about 8.3 per cent of the Swedish savings market.

Average Trading Volume: 343,470

Technical Sentiment Signal: Buy

Current Market Cap: SEK52.05B

See more data about AZA stock on TipRanks’ Stock Analysis page.