Revel Partners is pleased to have acted as financial adviser to Resurs Bank in connection with its securitisation of non-performing loan exposures in Sweden, Finland and Denmark.
The transaction, entered into with Lowell, further develops Resurs Bank’s existing strategic partnership with one of Europe’s leading credit management services providers. The securitised portfolio comprises approximately SEK 3.5 billion in gross volume and the transaction is expected to be completed during the third quarter of 2026.
The transaction is expected to be P&L neutral for Resurs Bank and to provide long-term capital relief, including by reducing the impact of the NPL Backstop framework. Based on Resurs Bank’s reported figures as of 31 March 2026, the transaction is expected to reduce the bank’s NPL ratio from 17.1% to approximately 9.5%.
The transaction represents an important step in Resurs Bank’s strategy for managing non-performing exposures and optimising its capital position. It also demonstrates the continued development of securitisation and capital optimisation solutions in the Nordic banking market, including for portfolios affected by evolving regulatory capital requirements.
Revel Partners is proud to have supported Resurs Bank on this important transaction and strategic milestone.
Congratulations to the Resurs Bank and Lowell teams, and thank you to Mannheimer Swartling for the excellent collaboration as legal adviser.
