Arise purchases bonds
Arise today announces that it has repurchased bonds with a remaining nominal value of SEK 51,900,000. The repurchase of bonds relates to the company’s secured bonds with a remaining nominal amount outstanding of SEK 951,500,000, incl. the volume now repurchased by Arise. The bonds have a floating rate corresponding to STIBOR 3m plus 3 percent and are due in April 2019 (ISIN: SE0005906849). The purchase price corresponds to 96 percent of the remaining outstanding nominal value of the bonds, i.e. approx. SEK 49,800,000. The purpose of the repurchase is to decrease gross debt and improve