HEXPOL to launch a Swedish commercial paper programme
HEXPOL AB will launch a Swedish commercial paper programme. The programme enables HEXPOL to issue commercial papers up to a total amount of SEK 4 billion and maturities up to 12 months.
Commercial papers form a cost-efficient complement to HEXPOL’s core financing and will enable increased flexibility in liquidity management and financing of short-term working capital needs.
Arranger and issuing and paying agent (IPA) of the program is Svenska Handelsbanken and dealers are SEB, Svenska Handelsbanken and Swedbank.
For more information, please contact:
Peter Rosén, Vice President and CFO
+46 (0)40 25 46 60
HEXPOL is a world-leading polymers group with strong global positions in advanced polymer compounds (Compounding), gaskets for plate heat exchangers (Gaskets), and plastic and rubber materials for truck and castor wheel applications (Wheels). Customers are primarily systems suppliers to the global automotive and engineering industry, construction industry, the energy, oil and gas sector, medical equipment manufacturers and OEM manufacturers of plate heat exchangers and forklifts. The Group is organised in two business areas, HEXPOL Compounding and HEXPOL Engineered Products. The HEXPOL Group’s sales in 2020 amounted to 13,424 MSEK. The HEXPOL Group has approximately 4,600 employees in fourteen countries. Further information is available at www.hexpol.com.