In order to complete the financing of the strategic plan Agenda 500 and to achieve long-term efficiency of the Group's capital structure, Rottneros AB (publ) (”Rottneros”) has issued senior unsecured bonds in the total amount of SEK 400 million with a tenor of 5 years to mainly Nordic institutional investors.
The bonds have a floating interest rate of STIBOR 3m + 4.15 percent and mature in September 2022. The bond framework amounts in total to SEK 600 million. Rottneros intends to apply for listing of the bonds on Nasdaq Stockholm.
Swedbank has acted as financial advisor and sole bookrunner of the issue and Vinge has been legal advisor to Rottneros.