ABG Sundal Collier acted as Joint Bookrunner for Novedo in connection with the SEK 160 million bond tap issue

Novedo Holding AB (publ) (“Novedo”), an industrial group with a diversified offering of B2B services, has successfully issued subsequent senior secured bonds of SEK 160 million within its existing bond framework of SEK 2,000 million, with maturity in September 2027. After the tap issue, the outstanding amount of the bonds will have increased to SEK 1,410 million. The bonds carry a floating interest rate of 3m STIBOR + 700 basis points and were placed at a price of 101.50% of par.
The net proceeds from the bonds will be applied towards general corporate purposes including acquisitions.