Moberg Pharma is contemplating a potential bond issue and updates financial targets
STOCKHOLM, January 21st, 2016. Moberg Pharma AB (OMX: MOB) announces that the company intends to issue a bond and has engaged Carnegie Investment Bank and Swedbank as financial advisors. The issue proceeds are intended to be used for general corporate purposes, including accretive add-on acquisitions.Moberg Pharma’s strategy is to generate returns to shareholders by profitable growth of strategic brands, value creating acquisitions and commercialization of pipeline assets. Moberg Pharma’s long-term financial goal is to achieve an EBITDA margin of at least 25 percent. To enable future