Electrolux AB Issues Bond Loan


Thursday, 22 Mar 2012 03:00am EDT 

Electrolux AB announced that it issued a bond loan of SEK 1 billion on under its EMTN (Euro Medium Term Note) program. The bond loan is issued on March 22, 2012, with a maturity on September 22, 2015. A part of the loan, SEK 650 million, is issued at fixed rate and carries a coupon of 3.25% annually. The remaining part, SEK 350 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. 

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