ADDvise issues new USD senior secured bonds and partially repurchases outstanding SEK senior secured bonds
ADDvise Group AB (publ) (the “Company”) announces today that it has successfully placed senior secured bonds in an amount of USD 60 million under a framework of USD 200 million with a tenor of 3 years (the “New Bonds” or the “Bond Issue”). The New Bonds will carry floating rate interest of SOFR plus 4.25 per cent per annum and were issued at par. The Bond Issue saw strong demand from a broad base of Nordic and international institutional investors and was significantly oversubscribed. As announced on 18 March 2024, the Company offered a partial buy-back to the holders of the Company’s