Electrolux issues bond loan
Electrolux today issued a SEK 2,500m bond loan under its EMTN (Euro Medium Term Note) program.
The bond loan is issued on June 8, 2011, with a maturity on June 18, 2016. Of the bond loan, SEK 1,500m are issued at fixed rate and carries a coupon of 4.5% annually and SEK 1,000m has a floating interest rate.
The bonds will be listed on the Luxembourg Stock Exchange. The proceeds of the offering will be used for general corporate purposes.
Detailed information on the bond loan and terms of the issue is found on the Group’s web site http://group.electrolux.com/en/debt-market-359/
For further information, contact Electrolux Press Hotline, 46 8 657 65 07.
Electrolux discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act.
Electrolux is a global leader in household appliances and appliances for professional use, selling more than 40 million products to customers in more than 150 markets every year. The company focuses on innovative products that are thoughtfully designed, based on extensive consumer insight, to meet the real needs of consumers and professionals. Electrolux products include refrigerators, dishwashers, washing machines, cookers, air-conditioners and small appliances such as vacuum cleaners sold under esteemed brands like Electrolux, AEG, Eureka and Frigidaire. In 2010 Electrolux had sales of SEK 106 billion and 52,000 employees. For more information go to www.electrolux.com/press and www.electrolux.com/news.