Brado AB (publ), a company 100% owned by the Adolfsen Group, has successfully placed a new SEK 600m of senior note and the SEK 150m of junior note. The senior notes and junior notes were priced at 3m Stibor plus 5.75% and 8.50%, respectively. The net proceeds from the notes issues will be employed to partly finance the issuer’s acquisition of 100% of the shares in Frösunda.
ABG Sundal Collier acted as Joint Bookrunner in the transaction.