AAK to establish an MTN program
AAK AB has the intention to establish an MTN program (Medium Term Note) with a framework amount of SEK 4,000 million. The MTN program will allow AAK to issue bonds on the Swedish market and provides a complement to the Group’s existing funding structure. “Establishing an MTN program will be a natural step in our growth strategy”, says Fredrik Nilsson, CFO at AAK. “Through the program, we will diversify our existing sources of funding and get a flexible alternative.” Handelsbanken has been appointed as arranger and will act as dealer under the program together with Nykredit. As