QuickTop HoldCo AB (publ) – Contemplated Subsequent Notes Issue
QuickTop HoldCo AB (the "Company"), a wholly owned subsidiary of Nimlas Group AB, is contemplating a tap issue of senior secured callable floating rate notes in a nominal amount of EUR 50 million (the “Subsequent Notes Issue”). The Subsequent Notes will be issued under the same terms and conditions and on the same terms (save for the issue date, the interest commencement date and the issue price) as the Company’s EUR 325 million senior secured callable floating rate notes due 2030 (ISIN: NO0013505826) which were issued on 21 March 2025.
In connection with the contemplated Subsequent Notes Issue, the Company will also release a trading update in relation to the financial period ending 31 March 2025.
The net proceeds from the Subsequent Notes Issue are intended to be used towards financing (in whole or part) the acquisition of three companies (one in Norway and two in Sweden), refinancing (in whole or part) any existing financial indebtedness of such target companies and their subsidiaries, refinancing (in whole or part) any amounts outstanding under the existing super senior working capital facility and financing general corporate purposes of the group.
DNB Carnegie Investment Bank AB (publ), Nordea Bank Abp and Pareto Securities AS (the “Joint Bookrunners”) act as joint arrangers and bookrunners for the tap issue and the Company has mandated the Joint Bookrunners to hold investor meetings commencing on 18 June 2025. Subject to prevailing market conditions and a final decision by the Company, an issuance of Subsequent Notes may follow.
For more information, please contact:
Marcus Holmstrand
CFO Nimlas Group
+46 (70) 250 76 26
marcus.holmstrand@nimlasgroup.com
About Nimlas Group
Nimlas Group is a leading Nordic technical installation and service group with more than 4,500 dedicated employees active across 130 locations in Sweden, Finland, and Norway. The group provides services as of the full range of technical disciplines ranging from heating and sanitation to electricity, automation, ventilation, cooling/refrigeration, and fire safety, as well as related services such as design and security. Nimlas' vision is to become the future success in the technical installation industry, by attracting installation companies where Nimlas aims to provide the best environment for companies to grow. The group has a turnover of approximately SEK 8.8 billion pro forma. Nimlas is owned by funds managed by KLAR Partners. Read more at http://www.nimlasgroup.com
