Cloetta completes early redemption of its Bonds
As indicated in its press release of 17 August 2016, Cloetta AB (publ) completed the early redemption of its outstanding SEK1,000 million Senior Secured Notes (the “Bonds”) on 19 September 2016, as part of the previously communicated overall refinancing of its existing debt financing.The new financing structure will secure Cloetta’s ability to pay dividends in the future and will at the same time provide financial flexibility for potential complementary acquisitions. In July, 2016, Cloetta entered into a new term and revolving facilities agreement with a group of four banks, amounting in