Vinge has advised Northmill Group AB in connection with its successful issuance of SEK 150 million tier 2 capital bonds (T2) with a floating rate interest of 3-month STIBOR + 475 basis points.
The issuance represents Northmill’s second Tier 2 bond and optimises Northmill’s capital structure and provides strategic flexibility, on its journey with continued strong and profitable growth. Northmill Group is the parent company of Northmill Bank, a Swedish challenger bank providing financial services for both consumer and business customers. The issuance follows Northmill’s inaugural Tier 2 bond issuance in November 2025 and the successful issuance of an Additional Tier 1 bond in April 2026.
Arctic Securities AS, filial Sverige acted as sole bookrunner in connection with the bond issuance.
Vinge’s team consisted of Albert Wållgren, Lionardo Ojeda, Caroline Krassén and Anna Wisborg.
