Opus Group has issued a bond of SEK 200 million in the Swedish bond market as part of the funding for the acquisition of Envirotest
Today, Opus Group AB (publ.) successfully issued a five year senior SEK 200 million unsecured bond within the frame of SEK 500 million, maturing on 20 November 2018. The bond replaces the short-term credit facility of SEK 200 million that was part of the funding package for the acquisition of Envirotest Systems Holdings Corp. The bond has a coupon of 3 month STIBOR + 4.0%. Opus Group will apply for the bond to be listed on NASDAQ OMX Stockholm. Swedbank AB (publ) has acted as the sole book runner.“We have now issued a bond to replace the short-term credit facility we received from Swedbank