Loomis has issued SEK 1,000 million of Sustainability-Linked Bonds
Loomis AB (publ) has successfully issued SEK 1,000 million of sustainability-linked bonds. The bonds are issued with four-year maturity with maturity date on the 19th of May 2027. SEK 650 million of the new bonds have a floating interest rate of 3-month Stibor plus 1.95 percentage points. And SEK 350 million have a yearly fixed rate coupon at 4.923%. The proceeds will be used for general corporate purposes and to refinance loans. The bonds will be listed on the Nasdaq Stockholm Sustainable Bond List. The sustainability-linked bonds are issued under Loomis’ recently updated MTN