Lombard loans in Sweden.
Private credit against Sweden-listed shares — pledged, not sold, with ownership retained.
A Lombard loan against Sweden-listed shares is credit secured by a pledge of equity listed on the Stockholm. The holder pledges the shares as collateral, draws cash against a fraction of their market value, keeps beneficial ownership and dividends subject to structuring, and recovers the position in full on repayment.
- Lombard loans are arranged against shares listed on the Stockholm (Nasdaq Stockholm).
- The pledge is not a sale: ownership, dividends, and the upside stay with the holder.
- Loan-to-value is calibrated to the specific position, funded in SEK or cross-currency.
- Structured under the FI regime, with disclosure from 5%.
Eligible collateral and venues
Lombard Financing arranges facilities against equity listed on the principal Sweden venue: Nasdaq Stockholm (Nasdaq Stockholm). Eligibility at the position level turns on the liquidity and free float of the specific line, its volatility, and the size of the holding relative to its typical traded volume — the same variables that drive the loan-to-value.
Regulator and disclosure
Shares listed in Sweden are regulated by Finansinspektionen (FI). Substantial-shareholding disclosure is triggered from 5%, and a pledge over a large line is structured with that reporting regime in view so that the transaction remains discreet and compliant. Where a holding sits near a control or takeover threshold, the structure is arranged to avoid disturbing the position.
Funding, custody, and structuring
Facilities are typically arranged for a tenor of twelve to thirty-six months, funded in SEK or in another currency on a cross-currency basis. Throughout the facility the pledged shares are held by a qualified custodian under bankruptcy-remote arrangements, so the security is clean and the holder’s ownership is preserved. Non-recourse, limited-recourse, and full-recourse structures are available, and the choice interacts with the loan-to-value and the pricing.
| Listing venue(s) | Nasdaq Stockholm (Nasdaq Stockholm) |
|---|---|
| Regulator | Finansinspektionen (FI) |
| Currency | SEK (cross-currency available) |
| Disclosure threshold | From 5% substantial-holding disclosure |
| Principal indices | OMXS30, OMX Stockholm All-Share |
| Indicative tenor | 12–36 months, renewable by agreement |
| Recourse | Non-recourse / limited-recourse / full-recourse |
Considering a Lombard loan against a Sweden-listed position?
Request terms →Lombard loans across United Kingdom & Europe.
On this market, specifically.
Disclosure and regulation
Under the Swedish Financial Instruments Trading Act, a voting-rights holder notifies Finansinspektionen at 5% and then at the higher steps up to 90%. A Lombard loan against a Stockholm-listed holding keeps ownership and the vote with the client, so the pledge itself does not cross these flagging levels. Sweden's disclosure follows the EU pattern, with the 5% first threshold giving a little more room than the 3% markets before a position becomes reportable. For a client near a level, we still draw the credit and any collateral terms so that enforcement would not force an unplanned filing or disturb a family holding built over generations.
An illustrative example
By way of illustration, a family office holding SEK 300 million of an OMXS30 constituent might arrange a Lombard loan at 55% loan-to-value, within our disclosed 20–65% range, releasing about SEK 165 million. The holding stays in the client's name, dividends and voting rights continue, and no shares are sold. The advance can be drawn in Swedish kronor or in another currency where the family's commitments lie. The figures are rounded and illustrative only, offered to show the shape of a facility rather than to indicate any rate or term.
Illustrative only — not an offer, a quotation, or a commitment to lend.