Dometic successfully issues SEK 2.5 billion bonds

Dometic Group AB (“Dometic”) has today issued SEK 2.5 billion in the Swedish krona bond market. The bonds were issued across three tranches consisting of a 3-year Floating Rate Note with a coupon of 3m Stibor +275bps, a 3-year Fixed Rate Note with a coupon of 4.925% and a 5-year Floating Rate note with a coupon of 3m Stibor +325bps.

The bonds have been issued under Dometic’s EUR 1.5bn Euro Medium Term Note (“EMTN”) program dated 14 June 2024 and is Dometic’s first ever public transaction in the Swedish Krona bond market. The bonds will be listed on the Official List of Euronext Dublin.

“We are pleased with the success of our first ever public Swedish krona bond and the substantial investor interest in our home market. We have further broadened our sources of funding with the entry into this market. The funds will mainly be used to manage our current debt portfolio”, says Dometic’s Chief Financial Officer Stefan Fristedt.

FOR FURTHER INFORMATION, PLEASE CONTACT
Rikard Tunedal, Head of Investor Relations
Phone: +46 73 056 97 35
Email: rikard.tunedal@dometic.com

ABOUT DOMETIC
Dometic is a global outdoor tech company on a mission to make mobile living easy. Leveraging our core expertise in cooling, heating, power & electronics, mobility, and space optimization, we empower more people to connect with nature and elevate their sense of freedom in the outdoors. We achieve this by creating smart, sustainable, and reliable products with outstanding design. Millions of people around the world use our products while camping and exploring nature with their cars, RVs, or boats. Our range of offerings includes installed products for land vehicles and boats, as well as standalone solutions for outdoor enthusiasts. We employ approximately 7,000 people globally and sell our products in more than 100 countries. In 2024, we reported net sales of SEK 25 billion (USD 2.3 billion) and are headquartered in Solna, Sweden.