Article
ABG Sundal Collier acted as Joint Manager and Bookrunner to Fletcher Hotels and Egeria in connection with the inaugural EUR 225 million senior secured bond issue
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Fletcher Hotels, a portfolio company of Egeria, has successfully issued an inaugural EUR 225m senior secured bond with a 5-year tenor. Net proceeds from the bond issuance will be applied towards refinancing of existing debt, pay a one-time shareholder distribution, and for general corporate purposes.
Following a successful one-week roadshow with virtual investor meetings, the bond issue received strong demand from a broad range of high-quality international institutional investors. The bonds will be listed on Nordic ABM.