Indutrade issues a bond loan of SEK 750 million
Indutrade AB (publ) has issued a senior unsecured bond of SEK 750 million with a tenor of four years.
The bond loan amounts to SEK 750 million and carries a floating interest rate of three months STIBOR +0.74%. The proceeds from the bond issue will be used for refinancing of existing loans and for general corporate purposes. The transaction generated strong investor demand.
Indutrade will apply for the new bond to be listed on Nasdaq Stockholm's Corporate Bond List.
Handelsbanken and Nordea acted as financial advisors in connection with the new bond issue.
Stockholm, 25 November 2021
INDUTRADE AB (publ)
For further information, please contact:
Patrik Johnson, CFO
tel. +46 70 397 50 30
Indutrade is an international technology and industrial business group that today consists of more than 200 companies in some 30 countries, mainly in Europe. In a decentralised way, we aim to provide sustainable profitable growth by developing and acquiring successful companies managed by passionate entrepreneurs. Our companies develop, manufacture, and sell components, systems and services with significant technical content in selected niches. Our value-based culture, where people make the difference, has been the foundation of our success since the start in 1978. Indutrade's net sales totalled SEK 19.2 billion in 2020, and the share is listed on Nasdaq Stockholm in Sweden.