Nordea Bank Abp FRN 10-SEP-2029Nordea Bank Abp FRN 10-SEP-2029Nordea Bank Abp FRN 10-SEP-2029

Nordea Bank Abp FRN 10-SEP-2029

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NORD5885587 analysis



Key facts


Issue date
Sep 10, 2024
Maturity date
Sep 10, 2029
Outstanding amount
‪300.00 M‬USD
Face value
1,000.00USD
Minimum denomination
200,000.00USD
Coupon
5.88% (Variable)
Yield to maturity
5.69%
Nordea Bank Abp engages in the provision of banking and financial services. It operates through the following segments: Personal Banking, Business Banking, Large Corporates and Institutions, and Asset and Wealth Management. The Personal Banking segment offers the household customers financial services and solutions through internet and mobile bank, over the phone, online meetings, and branch offices. The Business Banking segment serves, advises, and partners with corporate customers, and provides payments, cash management, cards, working capital management, and finance solutions. The Large Corporates and Institution segment pertains to the provision of financial solutions to large Nordic and international corporate and institutional customers. The Asset and Wealth Management segment is composed of investment, savings, and risk management solutions for individuals and institutional investors. The company was founded in 1820 and is headquartered in Helsinki, Finland.
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