SIBS AB (publ) successfully issues senior unsecured floating rate bonds of SEK 1,000 million and announces results of the exchange offer for its existing bonds
SIBS AB (publ) ("SIBS" or the "Company") has successfully issued new senior unsecured floating rate bonds amounting to SEK 1,000 million with a tenor of three years (the "New Bonds"). The New Bonds carry a floating rate of 3m STIBOR + 675 basis points per annum, and the net proceeds from the bond issue will be used to refinance SIBS’s existing senior unsecured floating rate bonds amounting to SEK 598 million maturing in October 2025 (ISIN: SE0014965729) (the "Existing Bonds") and for general corporate purposes. SIBS intends to list the New Bonds on Nasdaq Stockholm.On September 24, SIBS