Brief: Bonava Contemplates Issuance Of New Senior Secured Floating Rate Green Notes

Bonava AB (publ)

14/02/2025 06:31

Feb 14 (Reuters) - Bonava AB (publ)  BONAVb.ST :
    * BONAVA AB (PUBL) CONTEMPLATES ISSUANCE OF NEW SENIOR
SECURED
FLOATING RATE GREEN NOTES AND ANNOUNCES CONDITIONAL TENDER OFFER
FOR AND TOTAL REDEMPTION OF ITS OUTSTANDING 2020/2027 GREEN
NOTES
    * EXPECTED ISSUE AMOUNT OF SEK 960,000,000 AND AN EXPECTED
TENOR
OF 3.5 YEARS UNDER A TOTAL FRAMEWORK AMOUNT OF SEK 2,000,000,000
    * NET PROCEEDS FROM NOTE ISSUE WILL BE USED TO, INTER ALIA,
REFINANCE COMPANY'S OUTSTANDING INDEBTEDNESS OF SEK 960,000,000
    * TENDER OFFER EXPIRES AT 16:00 CET ON 19 FEBRUARY 2025
    * IS EXERCISING ITS OPTION TO REDEEM IN FULL ALL EXISTING
NOTES

Source text:  ID:nWkr1GnG4w 
Further company coverage:  BONAVb.ST 

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