Klarna repurchases senior bonds
Stockholm, 16 December 2022 – Klarna, 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.
Since 2005 Klarna has been on a mission to revolutionize the retail banking industry. With over 150 million global active users and 2 million transactions per day, Klarna is meeting the changing demands of consumers by saving them time and money while helping them be informed and in control. Over 450,000 global retail partners, including H&M, Saks, Sephora, Macys, IKEA, Expedia Group, and Nike have integrated Klarna's innovative technology to deliver a seamless shopping experience online and in-store. Klarna has over 6,000 employees and is active in 45 markets. For more information, visit Klarna.com
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.