Serneke announces issue of senior unsecured bonds and declares early redemption of existing bonds unconditional
Serneke Group AB (publ) (“Serneke” or the “Company”) today announces that the Company has resolved to issue new senior unsecured bonds, in the total amount of SEK 700 million under a framework of 1 billion, due 2021. The Company hereby announces that the previously set condition for early redemption of existing bonds is declared fulfilled and that redemption will occur as previously announced.The bond issue was oversubscribed after receiving strong interest among a number of top tier institutions and credit funds primarily in the Nordics. Serneke will use the net proceeds to redeem all