Castellum issues inaugural bond under its EMTN programme and restructures the derivatives portfolio
Castellum has on November 13th issued its first bond under the newly established EMTN programme. The bond has a notional amount of MEUR 500 and a maturity of five years. Most of the bond proceeds have been swapped into SEK.Furthermore, Castellum has continued to renegotiate and extend existing bank credit facilities and also conducted a restructuring of a part of its interest rate swap portfolio with a discount amount equivalent of MSEK 500 in order to enhance the prerequisites for a stable financial net going forward. Together the above mentioned activities are expected to, by the end