Björn Borg issues five-year, SEK 200 million bond loan
Björn Borg issues a five-year senior unsecured bond loan of SEK 200 million. The offer was fully subscribed after broad interest from both private individuals as well as institutional investors. The bonds have a coupon of three-month STIBOR plus 3,25% and mature in April 2017. Björn Borg will apply for a listing of the bonds on NASDAQ OMX Stockholm. “The capital raised will lead to an increased financial flexibility and preparedness for the future development of Björn Borg and our growth ambitions within both current as well as future projects. At the same time, the proceeds from the