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Nynas successfully issues additional bonds of SEK 450 million within its existing bond loan

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Nynas has successfully issued additional senior unsecured bonds of SEK 450 000 000 within its existing bond loan (ISIN SE0005994167) with a total frame amount of SEK 1 100 000 000 and final maturity date in June 2018. 

The bonds are issued at a price of 102 per cent of the nominal amount. The total outstanding amount after the issue is SEK 1 100 000 000. The existing bonds are listed on Nasdaq Stockholm and Nynas will also apply for listing of the newly issued bonds at Nasdaq Stockholm. The proceeds from the bond issue will be used towards refinancing existing debt and for general corporate purposes. Expected settlement date for the additional bonds is 26 May 2017.

“A broad range of mainly Nordic bond investors participated in the transaction and we are very pleased with the outcome and the strong support we have received, both from existing as well as new investors,” says Bo Askvik, CFO.

Danske Bank, Nordea and SEB acted as joint bookrunners and Gernandt & Danielsson Advokatbyrå has acted as legal advisor in connection with the bond issue.

 

For further information, please contact:
Hans Östlin, Communications Director Nynas AB
Email: hans.ostlin@nynas.com
Tel.: +46 (0)708 93 19 75

www.nynas.com

 

Nynas is a different kind of oil company – we want to use oil, not burn it.
With around 1000 employees, production facilities in Europe and South America as well as offices in over 30 countries, Nynas is dedicated to researching, producing and supplying specialty naphthenic oils and bitumen for a growing global market. Together with our customers, we have the know-how to find new applications and meet new challenges that can help shape society.
We take oil further to bring value to customers and the world we live in.

 

This information is information that Nynas AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 17:00 CET on May 18 2017.

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