Brief: Humble Group Issues Senior Secured Bonds In Amount Of SEK 700 Mln

Humble AB

01/07/2021 13:45

July 1 (Reuters) - Humble Group AB  HUMBLE.ST :
    * HUMBLE GROUP SUCCESSFULLY ISSUES SENIOR SECURED BONDS IN
AN
AMOUNT OF SEK 700M UNDER A TOTAL FRAMEWORK AMOUNT OF SEK 1,500M
    * HAS RESOLVED TO ISSUE SENIOR SECURED BONDS IN AN AMOUNT OF
SEK
700,000,000 UNDER A TOTAL FRAMEWORK AMOUNT OF SEK 1,500,000,000
    * BOND ISSUE WAS WELL RECEIVED BY REPUTABLE NORDIC
INSTITUTIONAL
AND PRIVATE INVESTORS AND WAS HEAVILY OVERSUBSCRIBED
    * BONDS HAVE A TENOR OF 4 YEARS AND CARRIES AN INTEREST RATE
OF 3M
STIBOR + 8.25 PER CENT.
    * SETTLEMENT IS EXPECTED TO OCCUR ON 21 JULY 2021
    * NET PROCEEDS FROM WILL BE USED TO PARTIALLY FINANCE
ACQUISITION
OF NATY AB, AS WELL AS TO FINANCE FUTURE ACQUISITIONS AND
GENERAL CORPORATE PURPOSES

Source text for Eikon:  ID:nWkr7B6gVt 
Further company coverage:  HUMBLE.ST 

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