PostNord issues SEK 400 million in bonds

Today PostNord AB has issued bonds totaling SEK 400 million. The bonds have a maturity of six years and fall due on June 12, 2019. The loan pays a floating coupon of three months STIBOR + 125 basis points.

The issue was made under the Medium Term Note program, established in June 2012 to provide the group with greater financial flexibility in the implementation of its strategy. The program, with a limit of SEK 6 billion, allows for the issuance of bonds in the Swedish market.

The Joint Bookrunners mandated by PostNord for this transaction were SEB and Danske Bank.

The bonds will be listed on NASDAQ OMX Stockholm.

PostNord AB (publ) is required to disclose the above information under the provisions of the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on June 5, 2013.

PostNord was formed through the merger of Post Danmark A/S and Posten AB in 2009. The group offers communication and logistics solutions to, from and within the Nordic region and had in 2012 sales of  SEK 39 billion and 40,000 employees. Operations are managed in business areas Mail Denmark, Mail Sweden, Logistics and Strålfors. The parent company is a Swedish public company headquartered in Solna, Sweden. Read more about PostNord at www.postnord.com.

Last updated: 2/18/2014 4:02 PM