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TF Bank AB ( (SE:TFBANK) ) has provided an update.
TF Bank AB has announced the fulfillment of conditions for the early redemption of its outstanding Tier 2 bonds, originally issued in December 2020. The redemption will occur on 15 December 2025, following the successful issuance of new SEK-denominated Tier 2 bonds, which enables the company to manage its debt efficiently and potentially improve its financial flexibility.
The most recent analyst rating on (SE:TFBANK) stock is a Buy with a SEK194.00 price target. To see the full list of analyst forecasts on TF Bank AB stock, see the SE:TFBANK Stock Forecast page.
More about TF Bank AB
TF Bank AB is a fast-growing digital credit and payment platform operating in 14 European countries. The company develops simple and flexible payment and financing solutions through its proprietary IT infrastructure, serving millions of customers. Since its founding in 1987, TF Bank has consistently combined growth with profitability, focusing on scalability and automation, and is listed on Nasdaq Stockholm.
Average Trading Volume: 78,524
Technical Sentiment Signal: Buy
Current Market Cap: SEK11B
For detailed information about TFBANK stock, go to TipRanks’ Stock Analysis page.