Rottneros AB completes the financing of Agenda 500, issues bonds of SEK 400 million

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.

For further information, please contact:
Lennart Eberleh, President and CEO Rottneros AB, +46 270 622 65

The information was submitted for publication at 08.00 CET on 28 August 2017. 

Rottneros is an independent producer of market pulp. The Group comprises the parent company Rottneros AB, listed on NASDAQ Stockholm, and its subsidiaries Rottneros Bruk AB and Vallviks Bruk AB with operations involving the production and sale of market pulp. The Group also includes Rottneros Packaging AB, which manufactures fibre trays, and the wood procurement company Rottneros Baltic SIA in Latvia. The Group has just over 280 employees and had a turnover of approximately SEK 1.7 billion in the 2016 financial year.