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BRIEF-Stillfront Group issues SEK 110 million bond loan
May 17, 2017 / 6:37 AM / in 5 months

BRIEF-Stillfront Group issues SEK 110 million bond loan

May 17 (Reuters) - Stillfront Group Ab (Publ):

* REG-STILLFRONT GROUP AB: STILLFRONT ISSUES MSEK 110 BOND LOAN

* TO ISSUE A THREE-YEAR SENIOR SECURED BOND IN AMOUNT OF MSEK 110 WITH A FINAL MATURITY IN MAY 2020.

* WAS INCREASED FROM AN INITIAL VOLUME OF MSEK 100 TO MSEK 110 AND WAS SUBSCRIBED FOR BY NORDIC INVESTORS

* BOND WILL BEAR A FLOATING RATE COUPON OF STIBOR 3M + 7.50% AND BE ISSUED WITHIN A TOTAL FRAMEWORK AMOUNT OF MSEK 500 MILLION

* INTENDS TO APPLY FOR LISTING OF BOND ON NASDAQ STOCKHOLM WITHIN 60 DAYS AFTER ISSUE DATE. Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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