OM:TFBANKBanks
Did TF Bank's (OM:TFBANK) Tier 2 Bond Plans and Lending Surge Just Shift Its Investment Narrative?
TF Bank recently mandated ABG Sundal Collier to arrange investor meetings for a potential Tier 2 bond issuance of SEK 150 million, aiming to refinance existing bonds and support general corporate purposes, with redemption of the outstanding SEK 100 million Tier 2 bonds contingent on successful funding.
The company also reported a 20% year-over-year increase in its loan portfolio, driven by expansion in its credit card and ecommerce solutions segments, reflecting broadening demand for its...