Brief: Vestum Initiates Amendment To Bond Terms, Conditions

Vestum AB (publ)

11/03/2024 07:09

March 11 (Reuters) - Vestum AB (publ)  VESTUM.ST :
    * VESTUM INTENDS TO REDEEM BONDS USING BANK FINANCING AND
AVAILABLE CASH – INITIATES AMENDMENT TO BOND TERMS AND
CONDITIONS
    * CURRENT LIMIT IN BOND TERMS AND CONDITIONS IS RAISED FROM
SEK
1,400 MILLION TO SEK 1,800 MILLION
    * EXPANDED CAPACITY, ALONG WITH CASH AND CASH EQUIVALENTS,
IS
DEEMED SUFFICIENT TO REFINANCE BONDS 21/24
    * REFINANCING ALSO MEANS THAT NO CREDIT FACILITIES OR BONDS
MATURE
IN 2024 OR 2025

Source text for Eikon:  ID:nMFN48mc5r 
Further company coverage:  VESTUM.ST 

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