Novedo Holding AB (publ) (“Novedo” or the “Company”) has successfully placed subsequent senior secured bonds (the “Bonds”) in an amount of SEK 190 million under the Company's existing bond framework 2024/2027 with ISIN: SE0022240529.
 
Following the issue of the Bonds, the total outstanding amount under the framework will increase to SEK 1,600 million. The Bonds carry a floating interest rate of 3m STIBOR +700 basis points and were placed at a price of 99.00 per cent. of par.
 
The net proceeds from the Bonds will be applied towards acquisitions and general corporate purposes.
 
The Company intends to list the Bonds on the Corporate Bond List of Nasdaq Stockholm.
 
ABG Sundal Collier AB and Pareto Securities AB acted as joint managers and bookrunners in the transaction. Gernandt & Danielsson acted as legal advisor.