Open Infra AB (publ) explores various options for a potential early refinancing of its outstanding bonds
Open Infra AB (publ) (“Open Infra”) has decided to conduct a review of its capital structure and has mandated DNB Markets, a part of DNB Bank ASA, Sweden Branch (“DNB Markets”) as financial advisor to initiate a review of Open Infra’s debt obligations to optimize its cost of capital and facilitate further growth and expansion. The review is expected to be finalized no later than during the third financial quarter 2024. In conjunction with the finalization of such review, Open Infra aims to refinance its outstanding senior secured bonds under its SEK 3,000,000,000 framework with ISIN SE0017072358.
Due to the strategic review referred to above, Open Infra aims to utilize its currently undrawn super senior revolving credit facility to finance internal acquisitions of Open Infra Core 2023 AB (incl. its fiber connections) and German group entity Open Infra GmbH (incl. its German fiber connections).
For further information, please contact:
Erik Stiernstedt, CEO
Telephone: +46 (0)70-550 30 73
Email: erik@openinfra.com