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Nordax Group Ab (publ): Nordax Announces Asset Backed Securities Transaction

2015-10-26 20:37:14| Appliances - Topix.net

Nordax Bank AB , a subsidiary to Nordax Group AB , and issuer Nordax Sverige 4 AB , a subsidiary of Nordax Bank AB , have mandated Citigroup as arranger for "Scandinavian Consumer Loans V", a SEK denominated Asset Backed Securities transaction backed by a portfolio of Swedish unsecured consumer loans to be launched in the near future, subject to market conditions. Nordax is a leading niche bank in the Nordic region providing unsecured consumer loans and deposit accounts to about 100,000 customers in Sweden, Norway, Finland, Denmark and Germany.

Tags: group securities transaction asset

Category:Consumer Goods and Services

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