PostNord establishes bond program
On June 27, 2012 the Swedish Financial Supervisory Authority approved and registered PostNord AB's prospectus for the issue of Medium Term Notes (MTN) with a limit of SEK 6 billion. The program makes it possible to issue bonds on the Swedish market.
- Our strategy involves reorganizing operations to secure profitability in our mail business and develop our position in logistics. Efficient funding is essential to this work. Establishing the bond program offers us new opportunities to diversify our funding, says Torsten Fels, acting CFO.
SEB is the arranger and is also dealer along with Danske Bank, Nordea, Handelsbanken Capital Markets and Swedbank.