Electrolux issues bond loan
Electrolux today issued a SEK 1,000m bond loan under its EMTN (Euro Medium Term Note) program.
The bond loan is issued on March 22, 2012, with a maturity on September 22, 2015. A part of the loan, SEK 650m, is issued at fixed rate and carries a coupon of 3.25% annually. The remaining part, SEK 350m, 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.electrolux.com/long-term-bond-issues/.
For further information, contact Electrolux Press Hotline, +46 8 657 65 07.
Electrolux discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 08.00 CET on March 22, 2012.
Electrolux is a global leader in household appliances and appliances for professional use, selling more than 40 million products to customers in more than 150 markets every year. The company makes thoughtfully designed, innovative solutions based on extensive consumer research, meeting the desires of today's consumers and professionals. Electrolux products include refrigerators, dishwashers, washing machines, cookers, air conditioners and small appliances such as vacuum cleaners, all sold under esteemed brands like Electrolux, AEG, Eureka and Frigidaire. In 2011 Electrolux had sales of SEK 102 billion and 58,000 employees. For more information go to www.electrolux.com/press and www.electrolux.com/news.