First Camp increases its senior secured bond
First Camp Group AB (the “Company”) has successfully increased its senior secured bond with maturity in June 2023 with SEK 335 million. The proceeds will be used to finance acquisitions.
In December 2019 the Company issued a 3.5-year senior secured bond loan of SEK 700 million. The Company has today successfully increased the bond loan with SEK 335 million (to a total of SEK 1,035 million) within a frame of SEK 1,500 million. The bonds mature on June 5, 2023 and the additional bonds were priced at a rate of 101.75 percent of nominal amount, which corresponds to a variable interest rate of three months STIBOR plus 345 basis points. The proceeds will be used to finance acquisitions.
The Company will apply for admission to trading of the additional bonds on Nasdaq Stockholm’s Corporate Bond List and the Frankfurt Stock Exchange Open Market.
Nordea and Pareto Securities have acted as financial advisor in the tap issue. Cederquist has acted as legal advisor.
This information is information that First Camp Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 8.00am CET on October 29, 2021.
For further information, please contact:
Göran Meijer
CFO
goran.meijer@firstcamp.se
+46 (0)707 18 05 75
Johan Söör
CEO
johan.soor@firstcamp.se