The first bond loan amounts to SEK 750 million and carries a floating interest rate of three months STIBOR +1.10%. The second bond loan amounts to SEK 250 million and carries a fixed rate of 1.75% annually. The transaction generated strong investor demand and the transaction was oversubscribed.
The proceeds from the bond issues will be used for refinancing of existing bank loans and for general corporate purposes. Indutrade will apply for the new bonds to be listed on Nasdaq Stockholm's Corporate Bond List.
Handelsbanken and Nordea have acted as financial advisors in connection with the new bond issues. Wistrand has acted as legal advisor.
Stockholm, 19 February 2018
INDUTRADE AB (publ)