Acquisition conglomerate Storskogen has issued SEK 500 million of senior unsecured bonds maturing in January 2031.
The interest rate amounts to three-month Stibor plus 250 basis points. The proceeds will be used for a partial buyback of bonds maturing in December 2027 and for general corporate purposes.
“With our new bond programme in place, we have gained additional flexibility in our financing. We are very pleased with the strong interest in our first issue under the programme, and that we have simultaneously been able to lower our interest margin further,” says Lena Glader, CFO of Storskogen, in a comment.
