Lifco issues bond loan of SEK 750 million

Summary by AI BETAClose X

Lifco has successfully issued an unsecured two-year bond loan amounting to SEK 750 million under its MTN-programme, carrying a floating interest rate of three months STIBOR plus 0.45%. The proceeds will be utilized for general corporate purposes, including the refinancing of existing debt. The company plans to list these new bonds on Nasdaq Stockholm, indicating strong investor demand for this issuance.

Disclaimer*

Lifco has issued an unsecured bond loan with a tenor of two years within its MTN-programme.

The bond loan amounts to SEK 750 million and carries an annual floating rate of three months STIBOR +0.45%. The bond generated strong investor interest.

The proceeds from the bond issue will be used for general corporate purposes, including refinancing of existing bond loans. Lifco intends to list the new bonds on the corporate bond list of Nasdaq Stockholm.

Danske Bank, DNB Carnegie and SEB acted as lead banks for the issuance.

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