ABG Sundal Collier acted as sole manager and bookrunner to Jefast Borrower II AB in connection with the SEK 350m senior secured bond issue

Jefast Borrower II AB (the “Issuer”) has successfully raised a senior secured floating rate bond of SEK 350m, with a tenor of 2.5 years (the “Bonds”). The Bonds will be secured by first-lien property mortgage and first-lien pledge over all shares in the Issuer and its subsidiaries. In addition, Jefast AB, the parent company of the Issuer, will be guarantor for all outstanding Bonds in the Issuer.
The net proceeds from the issuance of the Bonds will be used to refinance existing bank debt. The Bonds will have a coupon of 3m STIBOR plus 475 basis points p.a. and will be listed on Nasdaq Stockholm Corporate Bond List within one year.