Brief: Troax completes tap issue and sale of owned bonds

Troax AB (publ)

15/12/2016 14:00

Dec 15 (Reuters) - Troax Group AB (publ)  TROAX.ST : 
    * Completes tap issue and sale of owned bonds of in total 
19.7 million euros ($20.6 million) 
    * Completes a tap issue in amount of 17 million euros under 
its outstanding bond loan (ISIN: SE0005799194) and completes a 
sale of bonds held by company in amount of 2.7 million euros 
    * After tap issue, total outstanding amount of company's 
bond loan will amount to 77 million euros 
    * Proceeds will be used to partly finance acquisition of 
Folding Guard 
    * Tap issue and sale have been placed at a price of 104.75 
per cent of nominal amount 
 
Source text for Eikon:  ID:nWkrlo2989  
     
Further company coverage:  TROAX.ST  
 
($1 = 0.9582 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))