SSAB issues bonds amounting SEK 1bn and announces tender offer results
SSAB issues bonds amounting to SEK 1bn and publishes the tender offer results for its outstanding December 2017 and February 2019 bonds. The transaction is part of the company’s debt management strategy and the tender offer is carried out to proactively manage upcoming redemptions and to extend the company’s debt maturity profile.New issue transaction SSAB AB (publ) has successfully issued senior unsecured bonds in the total amount of SEK1bn under its EUR2bn EMTN programme dated 10 May 2016. The bonds have a tenor of 5 years and a floating interest rate of STIBOR 3m + 340 bps. The