Arise to redeem bonds
Today, Arise gives notice of redemption of all outstanding senior unsecured green floating rate bonds 2014/2017, totaling SEK 350 million (ISIN: SE0006220059). The redemption will be made at 100 per cent of the nominal value of the bonds and include accrued interest, in accordance with the terms and conditions. The record date will be 25 April and the redemption date will be 3 May 2017. A combination of strong cash flow generation and the recent issue of convertible bonds has allowed Arise to accumulate a significant cash position. Hence, the company now is in a position to both increase