Refinancing of Mölnlycke Health Care completed
The previously announced refinancing of Mölnlycke Health Care has been completed. Investor has increased its equity in Mölnlycke Health Care by EUR 544 m., of which EUR 225 m. relates to our portion of the mezzanine debt and the rest is new cash. Mölnlycke Health Care now has an all senior debt structure. Pro forma net debt as of June 30, 2013, is EUR 814 m. and the new leverage is 2.5x 12-month rolling EBITDA.
For further information:
Stefan Stern, Head of Corporate Relations and Communications, Phone 46 8 614 2058, 46 70 636 7417
Magnus Dalhammar, Head of Investor Relations, Phone 46 8 614 2130, 46 73 524 2130
Our press releases can be accessed at www.investorab.com
Investor is the leading owner of Nordic-based international companies, founded by the Wallenberg family a hundred years ago. We own significant minority or majority interests in high quality companies. Through our participation on the boards of directors, we work for continuous improvement of the performance of the companies. With our industrial experience, network and financial strength we strive to make our companies best-in-class. Our cash flow allows us to support strategic initiatives in our companies, capture investment opportunities and provide our shareholders with a dividend. Our Core Investments include listed holdings Atlas Copco, SEB, ABB, Ericsson and the operating subsidiary Mölnlycke Health Care.