ABG Sundal Collier acted as joint bookrunner to FC Husky HoldCo AB, a Norvestor portfolio company, in connection with their EUR 72m bond issue

FC Husky HoldCo AB, a newly established holding company wholly owned by United Camping Holding AB, which in turn owns First Camp Group AB, has successfully raised a EUR 72m senior secured bond. Net proceeds from the bond issue will be used to partly finance the acquisition of Apukka Resort, and finance general corporate purposes including M&A. The bond will include a permitted debtor change, allowing First Camp Group to assume the bond, subject to meeting its incurrence test. The bond issue received strong demand from high-quality institutional investors, and the transaction was substantially over-subscribed. The senior secured bond issue will have a coupon of 3m Euribor plus 4.50% p.a.