Storskogen successfully issues bonds of SEK 2 billion
Storskogen Group AB (publ) (“Storskogen”) successfully issues senior unsecured bonds of SEK 2 billion.Storskogen has successfully issued senior unsecured bonds of SEK 2 billion under a framework of SEK 2 billion. The bonds carry a floating interest rate of 3m Stibor + 687.50 basis points and mature on 22 March 2027. The proceeds from the bond issue will be used to refinance the outstanding bonds of SEK 3 billion with maturity in 2024. Daniel Kaplan, CEO of Storskogen, believes that the measures to improve Storskogen’s credit quality have yielded significant progress. This includes the