NIBE Industrier AB (publ) establishes a commercial paper program

Summary by AI BETAClose X

NIBE Industrier AB announced the establishment of a SEK 5 billion commercial paper program with a maturity of up to 12 months. The program, arranged by Danske Bank (also acting as issuing and paying agent), will primarily be used for short-term working capital financing and to replace other short-term debt. Handelsbanken and SEB are also dealers in the program.

Disclaimer*

NIBE Industrier AB has established a commercial paper program with a framework amount of SEK 5 billion.

Commercial papers can be issued with a maturity of up to 12 months under the program. The program will mainly be used for short-term financing of working capital needs and to replace other short-term financing.

Arranger and “issuing and paying agent” (IPA) of the commercial paper program is Danske Bank and the dealers are Danske Bank, Handelsbanken and SEB.

Further details are available (in Swedish) on the NIBE Group website https://www.nibe.com/sv/investerare/mtn-program


For more information, please contact:
Hans Backman, CFO
hans.backman@nibe.se
Tel: +46 433-27 34 69

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