Brief: Storskogen Contemplates Issuance Of Senior Unsecured Bonds, Announces Conditional Tender Offer

Storskogen AB (publ)

08/06/2023 08:22

June 8 (Reuters) - Storskogen Group AB (publ)
 STORb.ST :
    * STORSKOGEN CONTEMPLATES ISSUANCE OF SENIOR UNSECURED BONDS
AND
ANNOUNCES A CONDITIONAL TENDER OFFER OF THE OUTSTANDING
2021/2024 BONDS
    * TO EXPLORE POSSIBILITY OF ISSUING SENIOR UNSECURED BONDS
WITH A
FLOATING INTEREST RATE AND A 3.75-YEAR TENOR
    * CAPITAL MARKETS TRANSACTION WITH AN EXPECTED VOLUME OF SEK
1.5
BILLION WITHIN A FRAMEWORK OF SEK 3.0 BILLION WILL FOLLOW,
SUBJECT TO MARKET CONDITIONS
    * PROCEEDS FROM CONTEMPLATED ISSUE WILL BE USED TO REFINANCE
2024
BONDS  AND FOR GENERAL CORPORATE PURPOSES

Source text for Eikon:  ID:nWkr4sjtFs 
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