ABG Sundal Collier acted as Joint Manager and Bookrunner for Novedo in connection with the SEK 190 million subsequent senior secured bond 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 190 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 is SEK 1,600 million. The bonds carry a floating interest rate of 3m STIBOR + 700 basis points and were placed at a price of 99.00% of par.
The net proceeds from the bonds will be applied towards general corporate purposes including acquisitions.