PARETO ADVISES SGL TRANSGROUP ON THE SUCCESSFUL PLACEMENT OF A EUR 215 MILLION SENIOR SECURED BOND
Pareto Securities AB has advised SGL TransGroup International A/S (the “Issuer” or the “Group”) on its successful placement of a 5-year EUR 215 million senior secured bond under a framework of EUR 315 million (the “Bonds”). The Bonds, maturing in 2024, will carry a floating rate coupon of 3 month EURIBOR + 6.75 per cent, with interest paid quarterly. The Bonds will be governed by Swedish law and listed on a regulated market. In conjunction with the transaction, the Bonds have been rated B (stable) by Standard & Poor’s and B- (stable) by Fitch Ratings. Proceeds from the bond issue will be