News & Views
Studsvik issues SEK 200 million three year bond
Feb 20 2013
On February 18, 2013, Studsvik, a supplier of advanced technical services to the international nuclear power industry in waste treatment, decommissioning, engineering and services, and operating efficiency, announced the decision to investigate the feasibility and conditions of issuing a corporate bond on the Swedish market. Following strong interest the company decided to issue a corporate bond.
The senior unsecured bond, with a volume of SEK 200 million and a final maturity in 2016, has a floating interest rate of STIBOR (3 months) + 3.75 percentage points. Studsvik will apply for listing of the bond on NASDAQ OMX Stockholm.
"We are very pleased by the great interest shown by investors for Studsvik’s bond issue. Through the bond issue we secure a competitive financing for future business opportunities”, comments Jerry Ericsson, CFO Studsvik AB.
Swedbank AB (publ) have acted as financial adviser to Studsvik in connection with the bond issue.
For further information, please contact Jerry Ericsson, tel: 0155-22 10 32.
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