Bifogade filer
XPartners raises SEK 3 billion through bond issue
Sonny Mirborn 1
Prenumeration
XPartners has completed a successful SEK 3,000 million bond issue – the largest senior secured SEK high yield transaction in the Nordic bond market to date. The offering attracted strong interest from both Nordic and international institutional investors and was significantly oversubscribed despite the landmark size.
– We’re proud of the trust shown by the investor community. Securing strong, long-term financing from high-quality investors is an important step in building the leading Nordic platform for specialized engineering consultancy, says Sonny Mirborn, CEO of XPartners.
The bonds have a term of four years and carry a floating interest rate of 3-month STIBOR plus 550 basis points. Proceeds will be used to refinance existing debt, support future add-on acquisitions, and for general corporate purposes.
ABG Sundal Collier, Danske Bank, and Nykredit acted as Joint Bookrunners. Schjødt acted as legal counsel to the Joint Bookrunners, and Bruun & Hjejle acted as legal counsel to XPartners.