Mandate

Vinge has advised Moank in connection with the issuance of Additional Tier 1 Capital of SEK 150 million

July 12, 2022 Banking and Finance

Vinge has advised the fintech company Credit Opportunity One AB (publ) (u.n.c.t. Moank Fintech Group AB (publ)) (the “Company”) in connection with its issuance of additional tier 1 capital (AT1) of SEK 150 million to optimise its capital structure.

The issuance is in the form of a debt instrument with automatic write-down of its nominal amount if the common equity tier 1 capital ratio of the Company falls below a certain level. The instruments will be listed on Nasdaq First North Bond Market.

 

Vinge’s team consisted of Albert Wållgren, Arvid Weimers and Felix Möller.

 

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