Indutrade issues a new bond loan of in total SEK 1,000 million
2024-10-31
Indutrade AB (publ) has issued one senior unsecured bond of in total SEK 1,000 million with a tenor of 5 years.
The bond loan carries a floating rate and was issued at a margin of 1.27% against three months STIBOR. The transaction generated strong investor demand.
The proceeds from the bond issue will be used for refinancing of existing loans and for general corporate purposes, including acquisitions. Indutrade will apply for the new bond to be listed on Nasdaq Stockholm's Corporate Bond List.
Handelsbanken and Nordea acted as financial advisors in connection with the new bond issue.