Svenska Cellulosa Aktiebolaget SCA (publ) on May 8, 2018 established a Medium Term Note program (MTN) with a loan framework amounting to SEK 8 billion. In connection with the annual update in 2026, SCA’s Board of Directors has resolved to increase the borrowing limit from SEK 8 billion to SEK 12 billion to ensure flexibility and diversification in the financing.
SCA issues SEK 1.5bn in the bond market
- Regulatory press release
SCA has today, under its Euro Medium Term Note (EMTN) program, issued SEK 1.5bn with a four-year tenor. The transaction consists of two tranches: a SEK 900m fixed rate tranche with a yield to maturity of 0.7925% and a SEK 600m floatingrate tranche priced at three-month STIBOR +0.50% .
The bonds will be listed on the Luxembourg Stock Exchange. The purpose of the transactions is to refinance maturing loans.
Svenska Handelsbanken and Swedbank acted as joint leads and bookrunners.
NB: This information is such that SCA must disclose in accordance with the Securities Markets Act and/or the Financial Instruments Trading Act. Submitted for publication on June 2, 2015, at 15:40 CET.
For additional information please contact:
Johan Karlsson, VP Investor Relations, 46 8 788 51 30
Karl Stoltz, Media Relations Manager, 46 8 788 51 55