Arjo establishes SEK 2.5 billion commercial paper programme
Arjo AB is establishing a commercial paper programme with a framework amount of SEK 2.5 billion and is conducting a first issue of almost SEK 1.5 billion. The purpose of the programme is to diversify the group’s sources of financing.
“The commercial paper programme will be a good supplement to our current financing structure and means that we will diversify our financing sources and reduce our interest expenses,” says Jonas Lindqvist, CFO of Arjo.
The maximum term of the issue of commercial paper will be 12 months. The arranger and issuing and paying agent (IPA) for the programme is DNB and the issuing institutions are DNB and Danske bank.
For further information, please contact:
Tel: +46 (0)10 3354747
Head of Group Treasury
Tel: +46 (0)10 3354834
At Arjo, we are committed to improving the everyday lives of people affected by reduced mobility and age-related health challenges. With products and solutions that ensure ergonomic patient handling, personal hygiene, disinfection, diagnostics, and the effective prevention of pressure ulcers and venous thromboembolism, we help professionals across care environments to continually raise the standard of safe and dignified care. Everything we do, we do with people in mind. www.arjo.com