ABG Sundal Collier acted as joint bookrunner to First Camp in connection with their SEK 2,250m bond issue

First Camp Group AB (publ), the leading campsite owner and operator in Scandinavia and portfolio company owned by Norvestor, has successfully raised a SEK 2,250m senior secured bond. Net proceeds from the bond issue will be used to refinance the existing bond, finance acquisitions of new campsites and for general corporate purposes. Following the acquisitions, the group will have a pro forma revenue of SEK 1,405m with a pro forma adj. EBITDA of SEK 351m and further sentiment their undisputed #1 position in the Scandinavian camping market. The bond issue received exceptional demand from high quality institutional investors and the transaction was substantially over-subscribed. The senior secured bond issue will have a coupon of 3m Stibor plus 4.75% p.a. and will be listed on Nasdaq Stockholm