Orexo has successfully issued senior unsecured callable floating rate bonds
Uppsala, Sweden – February 4, 2021 – Orexo AB (publ.), (“Orexo” or the “Company”) (STO:ORX) (OTCQX:ORXOY) has successfully issued senior unsecured callable floating rate bonds in the amount of SEK 500 million, under a framework of SEK 1,000 million with final maturity in February 2025 (the “New Bonds”). The New Bonds carry a floating rate interest of 3-month Stibor + 375bps per annum. The issue was well oversubscribed and received strong interest from both Nordic and international institutional investors. As a result of the issue of the New Bonds, the Company will repurchase SEK 77.4