Brief: Artificial Solutions Contemplates Bond Issue

Teneo AI AB

17/09/2021 06:41

Sept 17 (Reuters) - Artificial Solutions International AB
 ASAIN.ST :
    * ARTIFICIAL SOLUTIONS IS CONTEMPLATING A BOND ISSUE
    * HAS MANDATED PARETO SECURITIES TO ARRANGE FIXED INCOME
INVESTOR
MEETINGS IN ORDER TO EVALUATE A DEBT CAPITAL RAISE
    * A 3-YEAR, SENIOR SECURED, FLOATING RATE BOND ISSUE OF UP
TO SEK
250 MILLION MAY FOLLOW, SUBJECT TO INTER ALIA MARKET CONDITIONS
    * PROCEEDS WOULD BE USED TO REFINANCE COMPANY'S EXISTING
DEBT AND
GENERAL CORPORATE PURPOSES

Source text for Eikon:  ID:nWkr87bjsj 
Further company coverage:  ASAIN.ST 

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