SIBS AB (publ) considers issuing new senior unsecured bonds and announces a conditional exchange offer for the company’s outstanding 2020/2025 bonds
SIBS AB (publ) (“SIBS” or the “Company”) has mandated Carnegie Investment Bank AB (“Carnegie”) as Global Coordinator and Joint Bookrunner and Danske Bank A/S, Denmark, Sverige Filial (“Danske Bank”) as Joint Bookrunner to explore the conditions for issuing senior unsecured bonds in an expected volume of SEK 1,000 million with a maturity of 3 years (the “New Bonds”). Subject to prevailing market conditions, a capital market transaction may follow. The proceeds from the New Bonds will be used to refinance the outstanding SEK 598 million green bonds with ISIN SE0014965729 maturing in October