Catena establishes a commercial paper programme with a framework of SEK 2,000 million
16 April 2018, 2.30 p.m.
Catena has established a commercial paper programme with a framework amount of SEK 2,000 million. On 4 May 2018, an investor presentation will be held and the first issue is expected to take place shortly thereafter. The commercial papers will have a maximum maturity of 364 days.
“In today’s capital market, there is a huge demand for short-term investments and we see the commercial paper programme as a way of offering investors a good investment and broadening our funding base in a cost-effective way,” says Catena’s Deputy CEO and CFO Peter Andersson, in a comment.
To manage the refinancing risk, backup facilities have been secured for the programme. The programme is arranged by Swedbank AB, which also serves as the issuing institute together with Danske Bank.
For further information, please contact:
Benny Thögersen, CEO
Tel. +46 (0)706-60 83 50
Peter Andersson, Deputy CEO and CFO
Tel. +46 (0)730-70 22 44