Novedo has successfully issued subsequent senior secured bonds of SEK 160 million under the existing bond framework following a reverse inquiry procedure
Novedo Holding AB (publ) ("Novedo" or the "Company") has successfully issued subsequent senior secured bonds (the "Bonds") in an amount of SEK 160 million under the Company's existing bond framework 2024/2027 with ISIN: SE0022240529, following a reverse inquiry procedure.
Following the issue of the Bonds, the outstanding amount will have increased to SEK 1,410 million. The Bonds carry a floating interest rate of 3m STIBOR +700 basis points and were placed at a price of 101.50 percent of par.
The net proceeds from the Bonds will be applied towards acquisitions and general corporate purposes.
The Company intends to list the Bonds on the Corporate Bond List of Nasdaq Stockholm.
For more information, please contact:
Per-Johan Dahlgren
President & CEO
[email protected]
Mobil: +46 (0)705 97 06 44
About Novedo
Novedo is an industrial group of prominent B2B companies with a sound corporate culture, well-balanced service and product offerings, combined with a stable and diversified customer base in three segments: Industry, Infrastructure, and Installation & Services. The company has an active growth strategy and intends to continue expanding through further acquisitions and organic growth. For more information, visit www.novedo.se.
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