SSAB issues new five-year senior unsecured bonds amounting to SEK 2000 million

SSAB AB has successfully issued senior unsecured bonds in the total amount of SEK 2000m under its EUR 2bn EMTN programme, dated 12 June 2019. The new bonds are due in June 2024 and the fixed tranche carries a coupon of 2,75% and the floating tranche a coupon of 3mS+270bps. The transaction generated strong interest from investors and the issue was oversubscribed. The proceeds will be used for general corporate purposes.

DNB Markets and Nordea Bank Abp acted as financial advisors for the bond issue.

For further information, please contact:
Henrik Rodenström, Vice President and Head of Treasury, phone: +46 76 544 1014, henrik.rodenstrom@ssab.com
Peter Nordquist, Head of Funding and Markets Operations, phone: +46 72 561 5573,
peter.nordquist@ssab.com

SSAB is a Nordic and US-based steel company. SSAB offers value added products and services developed in close cooperation with its customers to create a stronger, lighter and more sustainable world. SSAB has employees in over 50 countries. SSAB has production facilities in Sweden, Finland and the US. SSAB is listed on Nasdaq Stockholm and has a secondary listing on Nasdaq Helsinki. www.ssab.com.
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