Qben Infra AB successfully issues bonds of SEK 500 million to refinance the outstanding ININ bond, certain bank debt as well as fund general corporate purposes including two pending add-on acquisitions
Prenumeration
Beskrivning
| Land | Sverige |
|---|---|
| Lista | First North Stockholm |
| Sektor | Finans |
| Industri | Investeringar |
Qben Infra AB (publ) (“Qben”) successfully issues senior unsecured bonds of SEK 500 million to refinance the outstanding ININ bond and certain bank debt within the Qben group as well as fund general corporate purposes, including two pending add-on acquisitions, as announced on 9 December 2024.
Qben has successfully issued senior unsecured bonds of SEK 500 million under a framework of SEK 600 million. The bonds will carry a floating interest rate of 3m Stibor + 800 basis points per annum and mature in December 2027. The expected settlement date of the bonds is 27 December 2024.
“We are pleased with the support from both Nordic and international credit investors, which has enabled us to refinance the majority of the existing ININ and Qben Infra debt at the new parent level. The bond issue is essential to gain financial and operational flexibility which will enable us to execute on the business plan established for the newly combined, and listed, entity Qben Infra AB, says Øivind Horpestad, CEO of Qben Infra AB.
Qben intends to first apply for admission to trading of the bonds on Nasdaq Transfer Market, and thereafter, within twelve months of the issue date, on the corporate bond list of Nasdaq Stockholm.
DNB Markets, as part of DNB Bank ASA, Sweden Branch acted as sole bookrunner in the transaction.
Mannheimer Swartling acted as legal advisor to DNB Markets and Vinge acted as legal advisor to Qben.
For further information, please contact:
Øivind Horpestad, CEO, Qben Infra AB
+47 910 00 626