Go North Group AB (“Go North” or the “Group”) has exercised its option to issue subsequent bonds in an amount of SEK 50,000,000 (or equivalent in USD) (the “Subsequent Bond Issue” or the “Subsequent Bonds”) under the Group’s existing senior secured floating rate bond framework of up to SEK 550,000,000 equivalent (ISIN NO0012829847 and ISIN NO0012829854). The Subsequent Bonds will be issued at 100% of par under the underwritten USD tranche.
Proceeds from the Subsequent Bond Issue will finance general corporate purposes, including investments and acquisitions.
Settlement of the Subsequent Bond Issue is expected to be on 22 June 2023.
Pareto Securities AB acted as the sole bookrunner and Roschier Advokatbyrå AB acted as the legal advisor concerning the Subsequent Bond Issue.