SCA Hygiene AB raises EUR 2 billion in the bond market

  • Press release

SCA Hygiene AB has today, under its Euro Medium Term Note (EMTN) program, raised EUR 2 billion at an average interest rate of 0.98%. The bonds have been issued in four tranches as seen below:

Tenor                        Amount                         Re-offer yield                      Margin over mid-swaps                 
20 months EUR 300m -0.01% per year +13 basis points
5 years EUR 600m 0.71% per year +45 basis points
7 years EUR 600m 1.16% per year +65 basis points
10 years EUR 500m 1.68% per year +83 basis points

The bond issue was oversubscribed and the bonds were placed with 150 international investors.

The bond will be listed on the Luxembourg Stock Exchange. The purpose of the transaction is to finance the acquisition of BSN medical which is expected to be closed during the second quarter 2017.

BNP Paribas, Citi, Credit Agricole, Deutsche Bank and NatWest Markets acted as joint active bookrunners for the transaction.

For additional information please contact:
Johan Karlsson, Vice President Investor Relations, 46 (0)8 788 51 30
Karl Stoltz, Media Relations Manager, 46 (0)8 788 51 55