Brief: AAK Issues Bond For A Total Of SEK 800 Mln

AAK AB (publ)

09/06/2022 07:20

June 9 (Reuters) - AAK AB (publ)  AAK.ST :
    * SAID ON WEDNESDAY AAK ISSUES BOND FOR A TOTAL OF SEK 800
MILLION
WITH A DURATION OF 3 YEARS
    * BOND CARRIES A FLOATING INTEREST RATE OF 3 MONTHS STIBOR
PLUS
165 BASIS POINTS
    * TRANSACTION GENERATED STRONG INVESTOR DEMAND
    * PROCEEDS FROM THE BOND ISSUE WILL BE USED TO BROADEN AAK'S
FUNDING BASE AND FOR GENERAL CORPORATE PURPOSES
    * AAK WILL APPLY FOR THE NEW BOND TO BE LISTED ON NASDAQ
STOCKHOLM'S CORPORATE BOND LIST

Source text for Eikon:  ID:nWkr4pzV5m 
Further company coverage:  AAK.ST 

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