SCA issues bonds for SEK 1 billion
On Friday the 16th of November Svenska Cellulosa Aktiebolaget SCA (publ) issued bonds under the companys Medium Term Note programme (MTN).
The total amount was SEK 1 billion and the bond runs with floating interest rates. The bonds have a tenor of 2 years and the interest rate margin was set to 0.41% per annum.
SEB and Swedbank are Joint Bookrunners for the issue. The bonds will be listed on Nasdaq Stockholm.
For further information, please contact:
Björn Lyngfelt, Vice President Group Communication, +46 60 19 34 98
Toby Lawton, CFO, +46 60 19 31 09
The core of SCA’s business is the forest, Europe’s largest private forest holding. Around this unique resource, we have built a well-developed value chain based on renewable raw material from our own and others’ forests.
We offer paper for packaging and print, pulp, wood products, renewable energy, services for forest owners and efficient transport solutions.
2017 the forest products company SCA had approximately 4,000 employees and sales amounted to approximately SEK 16.7 bn (EUR 1,6 bn). SCA was founded in 1929 and has its headquarters in Sundsvall, Sweden. More information at www.sca.com.