Cimco Marine AB (publ) Corporate Bond issue was oversubscribed
The Corporate Bond issue by Cimco Marine AB (“Cimco” or the “Company”) announced on 25 January 2018 was oversubscribed. The Company will receive SEK 80 million before issue costs. The Company launched the corporate bond on Wednesday 31st January 2018 which closed to subscriptions yesterday. The terms of the bonds are as follows:Volume: 80 MSEK under a framework amount of 200 MSEKMaturity: 36 monthsInterest rate: 10.75% per annumCollateral: Business mortgage certificates of 80 MSEK JOOL Markets AS acted as Sole Manager and Bookrunner in the bond issue. The bonds,