Dentalum breaks new ground by issuing a secured bond with an initial amount of SEK 300 000 000

As the first Swedish dental service organisation, Dentalum has issued a senior secured bond with an initial amount of SEK 300 000 000 within a total framework of SEK 600 000 000 and a tenor of 3 years.

The bond proceeds will be used to refinance an existing credit facility and finance acquisitions of dental clinics and thereby strengthen Dentalum’s sustainable growth journey.

• We are proud to be the first Swedish dental service organization to issue a bond and are grateful for the confidence Dentalum has received from reputable institutions and investors to continue to build our organisation. With this market endorsement, we continue our focus on sustainable dental care by investing in profitable dental clinics with competent and dedicated care teams that want to be part of Dentalum long term, says Max Dorthé Ladow, CEO.

The bond issue attracted large interest among investors and was oversubscribed. The bond has a fixed coupon rate of 7.75% and will initially be listed on Frankfurt Stock Exchange Open Market and relisted within 12 months on Nasdaq Stockholm.  

Pareto Securities AB and Swedbank AB (publ) acted as joint bookrunners in the bond issue.

For more information, please contact:

Max Dorthé Ladow, CEO and co-founder, +46 709 85 97 83, max.ladow@dentalum.com 

Sofi Eriksson, CFO, +46 705 95 46 33, sofi.eriksson@dentalum.com

Dentalum Operations AB (publ) is a fast-growing dental service organisation focusing on acquiring profitable and sustainable dental clinics in the Nordics. Dentalum’s philosophy is built on local heritage, where the clinic owners continue as entrepreneurs operating the clinics with a high degree of independence post-acquisition. Dentalum’s goal is to build a world class organisation by creating a strong corporate culture, positive work environment and growth opportunities which motivate and engage our coworkers to provide the highest quality of care and a remarkable service to our patients. For more information, please visit www.dentalum.com