Essity raises EUR 700m in the bond market

Essity has today raised EUR 700m in the bond market under its Euro Medium Term Note (EMTN) program. The reoffering yield for the bond was 0.289% with a maturity on February 8, 2031, corresponding to mid swaps +0.47 percentage points. 

 The bond offering was oversubscribed, and the transaction was placed with more than 100 investors. 

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

Danske Bank, JP Morgan, Nordea, and UniCredit Bank acted as joint bookrunners for the transaction.

 

For further information, please contact:
Per Lorentz, Vice President Corporate Communications, +46 8 788 52 51, per.lorentz@essity.com
Johan Karlsson, Vice President Investor Relations, +46 8 788 51 30, 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 JOBST, Leukoplast, Libero, Libresse, Lotus, Nosotras, Saba, Tempo, Vinda and Zewa. Essity has about 46,000 employees. Net sales in 2020 amounted to approximately SEK 122bn (EUR 11.6bn). 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.

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