Genova has redeemed outstanding bond loan of SEK 410m
Genova has redeemed outstanding bond loan of SEK 410m Genova has today made a final redemption of outstanding bond loan with ISIN SE0013222593 (senior unsecured bonds 2019/2023) and with final maturity on September 30, 2023. The total remaining amount that was redeemed amounted to SEK 410m after Genova canceled its previously repurchased bonds of SEK 115m in connection with the redemption. The bond loan has carried a floating rate coupon of 3 months STIBOR plus 5.25 percent and the repayment is financed with existing liquidity. "During 2023, Genova has focused on being well