Bayn Group contemplates issuance of senior secured bonds of SEK 100 million
Bayn Group AB (publ) (the “Company”) has mandated Carnegie Investment Bank as Sole Bookrunner to arrange a series of investor calls with selected Nordic fixed income investors to explore the conditions for the Company to issue senior secured bonds of SEK 100,000,000 under a framework amount of SEK 500,000,000. A global investor call will be held at 09.00 CET on Wednesday 16 December 2020. The net proceeds from the contemplated issue will increase the financial preparedness of the Company and be used to finance future acquisitions and general corporate purposes. The issue is expected to occur in the near future, subject to market conditions.
For additional information, please contact:
Simon Petrén, Deputy CEO, Bayn Group AB
Phone: +46 70 999 94 55
E-mail: simon.petren@bayngroup.com
The information in this press release has been made public through the agency of the responsible person set out above for publication at the time stated by Bayn Group’s news distributor Cision at the publication of this press release.
About Bayn Group
Bayn Group is a Swedish foodtech group, supplying cutting edge and healthy sugar reduction solutions for the food and beverage industry. Bayn’s ingredient solutions, refined through scientific research and extensive market experience, facilitate new formulations and recipes that improve the taste and texture of the next generation of sugar-and calorie reduced products.
For more information www.bayngroup.com
Bayn is listed on Nasdaq Stockholm, First North Growth Market, under the ticker BAYN
FNCA Sweden AB is Bayn’s certified adviser. Tel: 08-528 00 399 E-mail: info@fnca.se