Esmaeilzadeh Holding has successfully issued senior unsecured bonds of SEK 1.2 billion
Esmaeilzadeh Holding AB (publ) (“EHAB” or the “Company”) has successfully issued inaugural senior unsecured bonds in the amount of SEK 1.2 billion, under a total framework of SEK 2.4 billion (the “Bonds”). The Bonds carry a floating interest rate of 3m STIBOR + 750 basis points with final maturity in January 2025. The net proceeds from the Bonds will primarily be used to finance acquisitions within the group.
The bond issue was subscribed by approximately 80 investors of which the five largest manage in aggregate SEK 1,350 billion.
“I am grateful for the interest and strong demand that EHAB’s first bond issue received, both from tier one Nordic investors as well as from large pan-European asset managers. This capital injection gives us the possibility to continue making exciting investments and execute on our M&A pipeline. The transaction is a testimony of confidence in EHAB’s ability to build successful companies and we look forward to a long-term cooperation with the investors in the bond issue”, says Saeid Esmaeilzadeh, CEO and Founder.
The Company’s intends to initially admit the Bonds to trading on Frankfurt Stock Exchange (Open Market) and within 6 months admit the Bonds to trading on the corporate bond list on Nasdaq Stockholm.
ABG Sundal Collier AB and Pareto Securities AB acted as joint arrangers and bookrunners in the transaction. Roschier Advokatbyrå AB acted as legal advisor.
For further information, please contact:
Saeid Esmaeilzadeh, CEO and Founder
Phone: +46 707 18 70 61
Email: saeid@ehab.group
Nils Fredrik Dehlin, General Counsel & IR
Phone: +46 720 90 26 99
Email: nilsfredrik@ehab.group
The information was submitted for publication, through the agency of the contact persons set out above on 17 January 2022, 08:00 CET.
About Esmaeilzadeh Holding AB (publ):
EHAB is an investment company that manages and establishes acquisition-oriented companies within a variety of industries and deep niches. EHAB's portfolio is constantly evolving as new opportunities and interesting niches are identified. EHAB was founded in 2020 and the company's net asset value amounts to SEK 4.4 billion. For more information, see www.ehab.group.