Collector Bank issues senior unsecured bond of SEK 500m
As part of Collector’s focus on increased diversification of funding, Collector’s subsidiary Collector Bank AB has issued a senior unsecured bond of SEK 500 million.Collector Bank AB, a wholly owned subsidiary of Collector AB, has issued a senior unsecured bond of SEK 500 million in the Nordic market. The bond has a two-year-tenor, with maturity in September 2023, and will be listed on Nasdaq Stockholm.The bond was issued under Collector Bank’s MTN programme, with a total frame of SEK 5 billion, and will carry a variable interest of 3m STIBOR +1.20%.Collector’s primary source of
Preserving growth and prosperity, preserving the earth for future generations - this is what sustainability is all about. The term comes from forestry and means that only as many trees may be felled in a forest area as will grow back in the same period.For the plastics industry, this means only processing as much plastic as can be collected and recycled at the end of the value chain. The entire industry is working on this, and the first successful steps toward this goal are already behind us.
But why stick with plastics at all? There are many good reasons for this, most of which are
