Mekonomen Group successfully issues bonds of SEK 1.25 billion
The bond issue attracted great interest from investors. Mekonomen Group has issued a senior unsecured bond of SEK 1.25 billion, within a framework amount of SEK 2 billion, maturing March 18, 2026. The bond has an interest rate of 3m Stibor +250 basis points. The issue attracted strong interest from Nordic investors and was oversubscribed. The bond proceeds will be used to refinance existing bank debt and for general corporate purposes. The bonds will be listed on Nasdaq Stockholm. “We are very pleased to see that the capital markets show confidence in Mekonomen Group and our business