Brief: Storskogen Contemplates Issuance Of Senior Unsecured Bonds

Storskogen AB (publ)

24/09/2024 07:24

Sept 24 (Reuters) - Storskogen Group AB (publ)
 STORb.ST :
    * STORSKOGEN CONTEMPLATES ISSUANCE OF SENIOR UNSECURED BONDS
AND
ANNOUNCES A CONDITIONAL PARTIAL TENDER OFFER OF THE OUTSTANDING
2021/2025 BONDS
    * EXPLOREA POSSIBILITY OF ISSUING SENIOR UNSECURED BONDS
WITH A
FLOATING INTEREST RATE AND A 4-YEAR TENOR
    * CAPITAL MARKETS TRANSACTION WITH AN EXPECTED VOLUME OF SEK
1.0
BILLION WITHIN A FRAMEWORK OF SEK 2.0 BILLION WILL FOLLOW,
SUBJECT TO MARKET CONDITIONS
    * INVITES EXTERNAL HOLDERS OF SEK 1.75 BILLION BONDS DUE
2025 WITH
ISIN SE0017084650, TO TENDER 2025 BONDS FOR CASH AT A PRICE OF
101.00% PLUS INTEREST

Source text for Eikon:  ID:nWkr9R8gp3 
Further company coverage:  STORb.ST 

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