Successful 10-year Eurobond issue for Mölnlycke
Mölnlycke, a world-leading medical solutions company, successfully launched on 2 December a EUR 400 million senior unsecured bond under its EMTN (Euro Medium Term Note) programme. The bond has a 10-year tenor with an annual fixed coupon of 0,6250% and a yield of 0,6330%. Mölnlycke prints with the lowest yield ever achieved on a 10-year EUR senior unsecured bond issued by a BBB- rated corporate.There was strong and widespread investor demand for the bond issue, which was more than two times oversubscribed. The proceeds will be used for a simultaneous buy-back of part of Mölnlycke notes