Electrolux issues bond loan
Electrolux today issued a SEK 1 billion bond loan under its EMTN (Euro Medium Term Note) program.
The bond loan is issued on March 27, 2018, with a maturity on March 27, 2023. One part of the loan, SEK 200 million, is issued at a fixed rate and carries a coupon of 1.125% annually. The remaining part, SEK 800 million, has a floating interest rate.
The bond will be listed on the Luxembourg Stock Exchange. The proceeds of the offering will be used for general corporate purposes.
Detailed information on the bond loan and terms of the issuance is found on the Group’s web site at http://www.electroluxgroup.com/en/long-term-bond-issues-363/.
For further information, contact Electrolux Press Hotline, +46 8 657 65 07.
This is information that AB Electrolux is obliged to make public pursuant to the Securities Market Act. The information was submitted for publication at 15.00 CET on March 27, 2018.
Electrolux shapes living for the better by reinventing taste, care and wellbeing experiences, making life more enjoyable and sustainable for millions of people. As a leading global appliance company, we place the consumer at the heart of everything we do. Through our brands, including Electrolux, AEG, Anova, Frigidaire, Westinghouse and Zanussi, we sell more than 60 million household and professional products in more than 150 markets every year. In 2017 Electrolux had sales of SEK 122 billion and employed 56,000 people around the world. For more information go to www.electroluxgroup.com.