Ovako considering issuance of new notes
In order to refinance Ovako AB (publ)’s (“Ovako”) existing EUR 300 million 6.5 per cent senior secured notes, due 2019, Ovako has given Carnegie Investment Bank AB (publ), Nordea Bank AB (publ) and Pareto Securities AB a mandate to hold meetings with bond investors. Subject to prevailing market conditions and final decision by Ovako’s Board of Directors, a EUR denominated senior secured bond may be issued.