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Electrolux AB Issues Bond Loan


Tuesday, 26 Mar 2013 03:00am EDT 

Electrolux AB announced that it has issued a SEK 1,000 million bond loan under its EMTN (Euro Medium Term Note) program. The bond loan is issued on March 26, 2013, with a maturity on March 26, 2018. A part of the loan, SEK 400 million, is issued at fixed rate and carries a coupon of 2.875% annually. The remaining part, SEK 600 million, has a floating interest rate. The bond will be listed on the Luxembourg Stock Exchange. The proceeds of the offering will be used for general corporate purposes. 

Company Quote

58.5
-0.2 -0.27%
26 Dec 2014