Electrolux AB Issues SEK2.5 Billion Bond Loan-DJ


Wednesday, 8 Jun 2011 09:02am EDT 

Dow Jones reported that Electrolux AB issued a SEK2.5 billion bond loan under its EMTN (Euro Medium Term Note) program. The bond loan is issued on June 8, 2011, with a maturity on June 18, 2016. Of the bond loan, SEK1.5 billion are issued at fixed rate and carries a coupon of 4.5% annually and SEK1 billion has a floating interest rate. The bonds will be listed on the Luxembourg Stock Exchange. The proceeds of the offering will be used for general corporate purposes. 

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