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Klarna repurchases senior bonds

Klarna repurchases senior bonds

December 16, 2022 - 1 min read

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Klarna

Stockholm, 16 December 2022Klarna, the global leader in the generational shift away from credit cards, today announced it has repurchased outstanding floating rate senior unsecured notes.

Klarna Bank AB has carried out a repurchase of some of the company's own bonds in the open market. Klarna has repurchased a nominal amount of SEK 244m in the bond maturing on 5 February 2024 (ISIN SE0013360062). The remaining outstanding amount in the bond after the repurchase will be nominal SEK 364m.

About Klarna

Klarna is a global digital bank and flexible payments provider. With over 114 million global active Klarna users and 3.4 million transactions per day, Klarna’s AI-powered payments and commerce network is empowering people to pay smarter with a mission to be available everywhere for everything. Consumers can pay with Klarna online, in-store and through Apple Pay & Google Pay. More than 850,000 retailers trust Klarna’s innovative solutions to drive growth and loyalty, including Uber, H&M, Saks, Sephora, Macy's, Ikea, Expedia Group, Nike and Airbnb.

Klarna has been backed by Sequoia Capital since 2010 and more recently, Ant Group, Atomico, Bestseller Group, CPP Investments, Chrysalis Investments Limited, Commonwealth Bank of Australia, Dragoneer, HMI Capital, Mubadala Investment Company, Permira, Silver Lake, SoftBank, TCV, Visa, and funds and accounts managed by BlackRock.