ABG Sundal Collier acted as joint manager and bookrunner in connection with the EUR 30m tap issue of senior secured bonds by LINK Mobility Group ASA

Deal announcement

LINK Mobility Group has tapped EUR 30m of its outstanding 4.75% senior secured bond with a borrowing limit of EUR 175m. The new outstanding amount will be EUR 80m post the tap issue. The tap issue received strong demand from new and existing investors and was priced at 101.5% of par, which represents a yield of 4.4%. The funds will be used to finance further acquisitions, in line with the acquisition strategy towards 2018.
 

About Link Mobility Group

Link Mobility Group is one of Europe`s largest mobile service provider with global solutions. They are one of the leading and fastest growing providers of mobile communications and mobile services for businesses. LINK Mobility has around 230 experienced employees in Sweden, Norway, Denmark, Finland, Germany, Latvia, Estonia and Spain, and has been a major part of the market share in mobile communications. They have been listed on the Oslo Stock Exchange since 2013.