Lifco issues bond loan of SEK 600 million
Lifco has issued an unsecured bond loan with a long two-year tenor within its MTN program (Medium Term Notes). The bond loan amounts to SEK 600 million with maturity on 2 March 2023 and carries a floating interest rate of three months STIBOR +1.00% annually. The bond issue generated strong investor interest and was oversubscribed. The proceeds from the bond issue 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 acted as lead banks for the issuance. For