Electrolux issues bond loan of SEK 1,000 mln

Wednesday, 28 May 2014 12:00pm EDT 

Electrolux AB:Issues 1,000 million Swedish crown bond loan under its Euro Medium Term Note (EMTN) program.Will use proceeds for general corporate purposes.Maturity date May 28, 2019.One part of the loan, 250 million crowns, is issued at fixed rate and carries a coupon of 2.34 percent annually.The remaining part, 750 million crowns, has a floating interest rate.The bond will be listed on the Luxembourg Stock Exchange.