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.

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