Studsvik issues a bond of SEK 300 million
Studsvik AB (publ) has issued a senior unsecured bond of SEK 300 million with a tenor of three years. The bond carries a floating rate coupon of STIBOR 3m + 6.50 % and has final maturity in February 2019. The bond has a framework amount of SEK 350 million.
The net proceeds from the bond issue will be applied toward refinancing of Studsvik’s outstanding bond of SEK 200 million (with final maturity on 7 March 2016) and for general corporate purposes. Studsvik will apply for a listing of the bonds on Nasdaq Stockholm.
Swedbank AB (publ) has been financial advisor and issuing agent, and Gernandt & Danielsson Advokatbyrå KB has been legal advisor, in connection with the bond issue.
For further information, please contact:
Pål Jarness, CFO Studsvik AB, tel +46 155 22 10 09
Facts about Studsvik
Studsvik offers a range of advanced technical services to the international nuclear power industry in waste treatment, consultancy services and fuel and materials technology. The company has over 65 years’ experience of nuclear technology and radiological services. Studsvik has 800 employees in 7 countries and the company’s shares are listed on Nasdaq Stockholm.
Studsvik is publishing this information pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The Information was released for public disclosure on February 16, 2016 at 08: 30 am CET.
www.studsvik.com