Loomis AB (publ) issues bonds of EUR 100 million with SEK (Swedish Export Credit Corporation)
Loomis has issued three bonds with a total value of EUR 100 million with SEK (Swedish Export Credit Corporation). The bond loans have a 5-7 years maturity split into EUR 34 million maturing in December 2024, EUR 33 million in December 2025 and EUR 33 million in December 2026. The bond loans have a floating interest rate. The proceeds will be used to refinance the outstanding bond of SEK 1,000 million that matures in December 2019. The bond loans are not issued under Loomis MTN program.
December 12, 2019
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Loomis offers safe and effective comprehensive solutions for the distribution, handling, storage and recycling of cash and other valuables. Loomis customers are banks, retailers and other operators. Loomis operates through an international network of more than 400 branches in more than 20 countries. Loomis employs around 25,000 people and had revenue in 2018 of SEK 19.2 billion. Loomis is listed on Nasdaq Stockholm Large-Cap list.