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Consilium issues up to SEK 900 million senior unsecured notes

30 Mar 2015

Consilium AB (publ) has issued SEK 600 million senior unsecured notes with a total volume of up to SEK 900 million. The notes are due in 2020, carry a floating interest rate of 5.75 percentage units above 3-month STIBOR and have been issued partially for the purpose of refinancing Consilium’s outstanding note loan. Consilium intends to apply for listing of the notes on NASDAQ Stockholm.

Consilium is one of the world's leading suppliers of safety and navigation products and solutions. Consilium is publicly listed on NASDAQ Stockholm, has 700 employees and a turnover of SEK 1,250 million.

Nordea Bank AB (publ) has acted as financial advisor to Consilium and sole bookrunner for the note issue.

Consilium was advised by Mannheimer Swartling. The firm’s team was led by Andreas Zettergren, primarily assisted by Sara Ulriksen and Karin Eberstål.

Matter Type
Banking & Finance - Capital Markets: Debt
Industry
Transport & Logistics
News Category
Banking & Finance