News from Nynas

18/05/2017 17:00

Nynas successfully issues additional bonds of SEK 450 million

Nynas has successfully issued additional senior unsecured bonds of SEK 450 000 000 within its existing bond loan (ISIN SE0005994167) with a total frame amount of SEK 1 100 000 000 and final maturity date in June 2018.

The bonds are issued at a price of 102 per cent of the nominal amount. The total outstanding amount after the issue is SEK 1 100 000 000. The existing bonds are listed on Nasdaq Stockholm and Nynas will also apply for listing of the newly issued bonds at Nasdaq Stockholm. The proceeds from the bond issue will be used towards refinancing existing debt and for general corporate purposes. Expected settlement date for the additional bonds is 26 May 2017.

"A broad range of mainly Nordic bond investors participated in the transaction and we are very pleased with the outcome and the strong support we have received, both from existing as well as new investors," says Bo Askvik, CFO.

Danske Bank, Nordea and SEB acted as joint bookrunners and Gernandt & Danielsson Advokatbyrå has acted as legal advisor in connection with the bond issue.

 

For further information, please contact:
Hans Östlin, Communications Director Nynas AB
Email: hans.ostlin@nynas.com
Tel.: +46 (0)708 93 19 75

Further reading

Nynas reports third quarter 2017

Sales volumes increased with 10 per cent in the third quarter. The operating result (EBITDA) amounted to SEK 311 million (541), negatively impacted by a weaker USD and sourcing limitations primarily in the Americas.

Read more about Nynas reports third quarter 2017

Nynas reports second quarter 2017

Sales volumes increased both in the second quarter and the first six months.Operating result before depreciation (EBITDA) amounted to SEK 360 million (111).

Read more about Nynas reports second quarter 2017

Nynas publishes bond prospectus and applies for listing of its corporate bonds

On 18 May 2017, Nynas AB announced that the company will issue additional senior unsecured bonds of SEK 450 000 000 within its existing bond loan (ISIN SE0005994167) within a total frame amount of SEK 1 100 000 000 with issue date on 26 May 2017 and a final maturity date in June 2018.

Read more about Nynas publishes bond prospectus and applies for listing of its corporate bonds