Netel contemplates issuance of senior secured bonds

Netel Holding AB (publ) (“Netel”) has mandated Arctic Securities AS, filial Sverige, SB1 Markets, filial i Sverige and Skandinaviska Enskilda Banken AB (publ) (the “Arrangers”), to arrange investor meetings to explore the possibility of issuing SEK denominated senior secured bonds. A capital markets transaction may follow, subject to inter alia market conditions.

Netel has mandated the Arrangers as joint bookrunners to arrange a series of investor meetings commencing on 21 September 2026 to explore the possibility to issue senior secured floating rate bonds with a tenor of four years and with an expected initial issue amount of SEK 950 million, within a framework of SEK 1,500 million (the “Bonds”). The net proceeds from the Bonds will be applied towards refinancing of Netel’s existing debt facilities and general corporate purposes of the group. The mandating of the Arrangers follows the general meeting resolution on 21 August 2026 to approve the proposed merger between Netel and Infrea AB (the “Merger”), and the rights issue announced on the same date (the “Rights Issue”).

Linklaters Advokatbyrå acts as legal advisor to Netel and Gernandt & Danielsson Advokatbyrå acts as legal advisor to the Arrangers in connection with the bond issue.

About us

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With over 25 years of experience, Netel is a leader in the development and maintenance of critical infrastructure within Infraservices, Power and Telecom. We are involved in the entire value chain from design, production and maintenance of our customers' facilities. We are dedicated to securing an accessible and reliable future, where technology unites and transforms society. Netel reported net sales of SEK 2,915 million in 2025 and the number of employees in the group is about 800. Netel is listed on Nasdaq Stockholm since 2021. Read more at netelgroup.com.

Contacts

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Jeanette Reuterskiöld, President and CEO, [phone], [e-mail]
Fredrik Helenius, CFO, [phone], [e-mail]
Åse Lindskog, IR, [phone], [e-mail]

This information is information that Netel Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2026-09-21 07:30 CEST.

Attachments

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Netel contemplates issuance of senior secured bonds