Nyfosa AB (“Nyfosa”) has successfully placed MSEK 750 senior unsecured bonds within a total framework amount of up to MDSEK 1.5 with final maturity in May 2022. The company intends to apply for admission to trading of the bonds on Nasdaq Stockholm.
The bonds are issued within a total frame of up to MDSEK 1.5 and has a tenor of three years and a floating interest rate of Stibor 3m + 375 bps. The settlement date is set to May 22, 2019. The proceeds from the bond issue will be used to strengthen the company’s financial position and general corporate purposes, including to increase acquisition readiness and strengthen the conditions for reaching Nyfosa’s growth target of annual growth in earnings and property holdings of at least 20 percent, up to a total property value of MDSEK 25.
SEB and Swedbank have acted as Joint Bookrunners and Gernandt & Danielsson has acted legal adviser in the transaction.