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Provider: Wright Reports
Provider: Reuters Investment Profile
Provider: Sadif Analytics Prime
Provider: Sadif Analytics Prime

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BillerudKorsnas AB Issues SEK 1,500 Million in Bonds

Thursday, 21 Mar 2013 08:15am EDT 

BillerudKorsnas AB announced that it has successfully issued bonds totaling SEK 1,500 million. The bonds have a maturity of five years and fall due on March 27, 2018. The fixed rate tranche of SEK 500 million pays a fixed coupon of 4.375% and the floating rate tranche of SEK 1,000 million pays a floating coupon of three months STIBOR + 260 basis points. The issue was made under the Medium Term Note program, established on March 13, 2013 to create flexibility in the Company‚Äôs debt portfolio. The program, with a limit of SEK 5,000 million, allows for the issuance of bonds in the Swedish market. SEB and Handelsbanken Capital Markets were Joint Bookrunners on the transaction. The bonds will be listed on NASDAQ OMX Stockholm. 

Company Quote

-0.2 -0.18%
23 Dec 2014