ABG Sundal Collier acted as joint manager and bookrunner for Novedo in connection with their SEK 1,250m three-year senior secured bond issue

Novedo Holding AB (“Novedo”), a Nordic industrial group specialised in the acquisition and development of entrepreneurial niche SME’s, has successfully issued three-year senior secured bonds in a total nominal amount of SEK 1,250 million. The proceeds from the bond issue will be used to refinance Novedo’ existing bonds, acquisitions, and general corporate purposes.
The bond issues received strong demand from high quality institutional investors and the transaction was well oversubscribed. Novedo has been present in the bond market since its inaugural issue in 2021.