Lifco issues two bond loans of in total SEK 1,200 million
Lifco has issued two unsecured bond loans with a tenor of two years within its MTN program (Medium Term Notes). The first bond loan amounts to SEK 1,000 million and carries a floating interest rate of three months STIBOR +1.00% annually. The second bond loan amounts to SEK 200 million and carries a fixed rate of 0.988% annually. The bonds generated strong investor interest. The proceeds from the bond issues will be used for refinancing of existing bank loans. Lifco intends to list the new bonds on the corporate bond list of Nasdaq Stockholm. Danske Bank and SEB