Studsvik issues SEK 200 million three year bond
On February 18, 2013, Studsvik announced that the company had decided to investigate the feasibility and conditions of issuing a corporate bond on the Swedish market. The interest has been very strong and Studsvik has decided to issue a corporate bond.
Studsvik will issue a senior unsecured bond with a volume of SEK 200 million and with final maturity in 2016. The bond has a floating interest rate of STIBOR (3 months) + 3.75 percentage points. Studsvik will apply for listing of the bond on NASDAQ OMX Stockholm.
"We are very pleased by the great interest shown by investors for Studsvik’s bond issue. Through the bond issue we secure a competitive financing for future business opportunities”, comments Jerry Ericsson, CFO Studsvik AB.
Swedbank AB (publ) have acted financial adviser to Studsvik in connection with the bond issue.
Nyköping, February 19, 2013
Studsvik AB (publ)
For further information, please contact:
Jerry Ericsson, CFO Studsvik AB, tel 0155-22 10 32
Facts about Studsvik
Studsvik offers a range of advanced technical services to the international nuclear power industry in waste treatment, decommissioning, engineering and services, and operating efficiency. The company has 60 years’ experience of nuclear technology and radiological services. Studsvik is a leading supplier on a rapidly expanding market. The business is conducted through five segments: Sweden, United Kingdom, Germany, USA and Global Services. Studsvik has 1,100 employees in 7 countries and the company’s shares are listed on NASDAQ OMX Stockholm.
Studsvik is publishing this information pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The Information was released for public disclosure on February 19, 2013 at 08: 00 am CET.