SSAB will strengthen the balance sheet through a rights issue supported by the main shareholders and a debt refinancing package
The Board of Directors of SSAB AB (publ) (“SSAB” or “the Company”) has resolved to launch a rights issue of Class B shares of around SEK 5 billion with preferential rights for existing shareholders subject to the approval by an extraordinary general meeting.· SSAB’s two largest shareholders, Industrivärden and Solidium, have undertaken to subscribe for their pro rata shares of the rights issue. For the remaining amount, a syndicate of banks: Crédit Agricole Corporate and Investment Bank, Handelsbanken Capital Markets, Nordea Bank AB (publ) and Swedbank AB (publ) (together the “Joint Global