Nordic Capital Is Said to Weigh IPO of Scandinavian Lender NOBA

Nordic Capital is exploring strategic options for Scandinavian consumer finance lender NOBA, including a possible initial public offering next year, people familiar with the matter said.

The private equity firm has lined up banks including Goldman Sachs Group Inc., JPMorgan Chase & Co. and Carnegie Investment Bank AB to work on a potential listing of the business, the people said, asking not to be identified discussing confidential information.

NOBA could be valued at €3 billion to €4 billion ($3.3 billion to $4.4 billion) in an IPO, according to the people.

Nordic Capital and Finnish insurer Sampo Oyj took the ...