Novedo has secured SEK 150 million pre-IPO private placement and contemplates issuance of a SEK denominated senior secured bond

In October 2021, Novedo Holding AB (publ) (“Novedo” or the “Company”) secured a SEK 150 million pre-IPO private placement where ABG Sundal Collier AB acted as financial advisor to the Company. To address the strong investor demand, the Company decided to increase the offering size of the pre-IPO private placement from SEK 100 million to SEK 150 million. The investment will be used to support future growth through actively acquiring companies with driven entrepreneurs, strong market positions and solid financial track record.

Furthermore, Novedo has mandated ABG Sundal Collier AB and Pareto Securities AB as joint bookrunners to arrange a series of fixed income investor meetings commencing on November 8, 2021 to explore the possibility to issue a three-year senior secured bond with an initial issue size of SEK 750 million, under a framework of SEK 1,500 million (the “New Bonds”). A capital markets transaction may follow, subject to inter alia market conditions.

The net proceeds from the New Bonds will be applied towards refinancing of existing bank debt in the Company and for acquisitions.

Per-Johan Dahlgren, CEO

+46 7059 706 44

per-johan.dahlgren@novedo.se

Novedo is a privately owned group of companies. Since 2021 it acquires and develops businesses where the entrepreneurs want to sell them but still stay in charge. The ten Novedo companies have 650 employees and a turnover of SEK 1 billion.