Netel contemplates issuance of senior secured bonds

Summary by AI BETAClose X

Netel Holding AB is exploring the issuance of SEK denominated senior secured floating rate bonds with a four-year tenor, aiming for an initial amount of SEK 950 million within a SEK 1,500 million framework. The net proceeds will be used to refinance existing debt and for general corporate purposes, following a recent shareholder resolution approving a merger with Infrea AB and a rights issue. Investor meetings are scheduled to commence on September 21, 2026, with the potential transaction contingent on market conditions.

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