Novedo has successfully issued subsequent senior secured bonds in an amount of 250 MSEK under its existing bond framework
Novedo Holding AB (publ) (”Novedo” or the “Company”) has successfully issued subsequent senior secured bonds (the “Bonds”) in an amount of SEK 250 million under the Company’s existing bond framework 2021/2024 with ISIN: SE0017070980. Following the issue of the Bonds, the outstanding amount will have increased to SEK 1,000 million. The Bonds carry a floating interest rate of3m STIBOR + 650 basis points and were placed at a price of 96.00% of par. The transaction wasmainly subscribed by Nordic institutional investors. The net proceeds from the Bonds will be used to finance acquisitions