Elekta raises debt through private placement of 200 million USD
Press ReleaseStockholm, Sweden, May 5, 2011 Elekta has strengthened its long term loan financing by entering into a private placement agreement with U.S. institutional investors. The transaction amount is USD 200 million with tenors between seven and twelve years. Bank of America Merrill Lynch has been the placement agent in the transaction. "The response from investors exceeded our expectations and it shows how well Elekta is perceived in the financial community. We did a private placement in 2005 of 125 million US dollar and with this additional private placement Elekta has