BEWiSynbra considers issuance of EUR denominated bonds

BEWiSynbra Group announces that it has mandated ABG Sundal Collier ASA and Nordea Bank Abp as joint arrangers and bookrunners for a contemplated issue of senior secured floating rate EUR bonds.

BEWiSynbra Group hereby announces that it has mandated ABG Sundal Collier ASA and Nordea Bank Abp as joint arrangers and bookrunners to arrange a series of fixed income investor meetings in the Nordics commencing on 13 November 2019. Subject to, inter alia, market conditions, a EUR denominated senior secured floating rate bond issue may follow.

The proceeds from the potential bond issue will be used to refinance the SEK 550,000,000 senior secured floating rate bonds maturing in June 2020 (ISIN SE0009857980) in Q1 2020 and for general corporate purposes.

For further information, please contact:

Charlotte Knudsen,
Director of IR and Communications,
BEWiSynbra Group AB,
tel: +47 9756 1959

Marie Danielsson,
CFO,
BEWiSynbra Group AB,
tel: +46 70 661 0047

About BEWiSynbra Group AB
BEWiSynbra Group is one of the largest vertically integrated producers of expandable polystyrene (EPS) in Europe, focusing on sustainable solutions for packaging and technical components, as well as insulation. Sustainability and innovation are key drivers for the Group’s competitive advantage, and BEWiSynbra has an ambitious approach to its recycling initiatives.

The information is such that BEWiSynbra Group AB (publ) is required to disclose in accordance with the EU Market Abuse Regulation (596/2014/EU). The information was submitted for publication, through the agency of the contact persons set out above, at 08:50 CET on 11 November 2019.