Essity raises EUR 500m in the bond market

Essity has raised EUR 500m in the bond market under its Euro Medium Term Note (EMTN) program. The re-offer yield for the bond was 3.094% with a maturity date of September 21, 2026, corresponding to mid swaps +0.70 percentage points. 

The bond offering was three times oversubscribed, and the transaction was placed with more than 80 investors. 

The bonds will be listed on the on the official list of Luxembourg Stock Exchange. The purpose of the issue is to refinance maturing bond loans and to finance operations. 

BofA Securities, Commerzbank, NatWest Markets, and SEB acted as joint bookrunners for the transaction.

For further information, please contact:
Per Lorentz, Vice President Corporate Communications, +46 733 13 30 55, per.lorentz@essity.com
Johan Karlsson, Vice President Investor Relations, +46 705 11 15 81, johan.ir.karlsson@essity.com

Essity is a leading global hygiene and health company. We are dedicated to improving well-being through our products and services. Sales are conducted in approximately 150 countries under the leading global brands TENA and Tork, and other strong brands, such as Actimove, JOBST, Leukoplast, Libero, Libresse, Lotus, Nosotras, Saba, Tempo, TOM Organic, Vinda and Zewa. Essity has about 46,000 employees. Net sales in 2021 amounted to approximately SEK 122bn (EUR 12bn). The company’s headquarters is located in Stockholm, Sweden, and Essity is listed on Nasdaq Stockholm. Essity breaks barriers to well-being and contributes to a healthy, sustainable and circular society. More information at www.essity.com.