Due to increased lending cost in the underlying asset Tobii AB, Nordea will increase the Base Rate Margin of all affected Bear Certificates. The Base Rate Margin of Bear Certificates with Leverage Factor -1 will increase to 21,5%, Bear Certificates with Leverage Factor -2 will increase to 42,5% and Bear Certificates with Leverage Factor -3 will increase to 63,5%. The change will be in effect from October 28, 2026. All affected instruments can be found in below list:
| ISIN | Instrument |
| SE0026588816 | BEAR TOBI X1 NDA S |
| SE0026588808 | BEAR TOBI X2 NDA S |
| SE0026872814 | BEAR TOBI X3 NDA S1 |
| SE0028786236 | BEAR TOBI X3 NDA S2 |
The affected instruments have been issued under Nordea’s base prospectuses dated December 13, 2024; and December 12, 2025.
Attachment
