Dura Sverige AB (publ) – Successful Placement of Senior Secured Callable Floating Rate Bonds
Dura Sverige AB (publ) – Successful Placement of Senior Secured Callable Floating Rate Bonds
Dura Sverige AB (publ) (the "Company" and together with its subsidiaries, the "Group") announces today that it has successfully placed SEK 500,000,000 of new senior secured callable floating rate bonds (the "Bonds" or the "Bond Issue"). The Bonds are due to mature in 2029 and carries a floating rate interest of 3 month STIBOR plus 6.75 per cent. per annum, payable quarterly in arrears.
The settlement date for the Bond Issue is expected to occur on or about 6 October 2026. The net proceeds from the Bond Issue will be used to refinance the Company’s existing senior secured bonds with ISIN NO0013262378 (the "Existing Bonds"), paying transaction costs, and financing general corporate purposes of the Group (including investments and acquisitions).
A call notice for the Existing Bonds will follow in a separate press release shortly.
Pareto Securities AB and SB1 Markets acted as joint bookrunners in the Bond Issue. BAHR Advokatbyrå AB acted as legal counsel to the Company and Roschier Advokatbyrå AB acted as legal counsel to the joint bookrunners.