Epiroc diversifies its financing with first euro-denominated bonds
Stockholm, Sweden: Epiroc AB, a leading productivity and sustainability partner for the mining and construction industries, has made its first euro-denominated bond issuance, diversifying its financing.Epiroc yesterday issued a bond amounting to MEUR 500 (SEK 5.6 billion). The issuance saw strong investor interest with an order book at guidance of about EUR 3.6 billion. The tenor is 7 years and the coupon for the bond is 3.625%. The final bond price was determined as EUR mid swaps + 0.98 percentage points. The bond is issued under Epiroc’s Euro Medium Term Note (EMTN) program, with