Bong issues SEK 210 million senior secured notes and sends a conditional notice of redemption in relation to its outstanding notes
Bong AB (publ) (“Bong”) has successfully raised SEK 210 million in a senior secured notes with a tenor of 3 years (the “New Notes”). The net proceeds from the notes issue will be used to refinance the existing SEK 200 million senior secured notes with ISIN SE0007820444 with maturity in December 2018 (the “Existing Notes”) and for general corporate purposes. The New Notes will be issued on 19 October 2018. Kai Steigleder, CEO of Bong, comments: “With the financing secured for another 3 years, Bong is positioned for a continued strong development going forward both within the envelope and