Orexo issues bonds of SEK 325 million and confirms fulfilment of condition under notice of early redemption
Uppsala, Sweden – October 31, 2017 – Orexo AB (publ.) (the “Company”) has issued a four-year senior unsecured bond loan in an amount of SEK 325 million, within a framework amount of SEK 500 million, due in November 2021. The bond loan has a floating interest rate of STIBOR 3m +4.50 per cent per year (quarterly payments in arrears). The net proceeds from the issue will mainly be used towards prepayment of the Company’s existing outstanding bond loan and for general corporate purposes. The issue date for the new bonds is expected to be 13 November 2017. The Company intends to list the new