Article
ABG Sundal Collier acted as sole manager and bookrunner to Sergel in connection with the SEK 325 million senior secured bond issue
Transactions
Legres AB (publ) (“Sergel”), a leading credit management services provider, has successfully issued senior secured bonds of SEK 325 million. The bonds carry a floating interest rate of 3m STIBOR + 9.00 per cent per annum and the final maturity date will be 30 December 2025. Net proceeds from the bond issue will be used towards refinancing of Sergel’s existing senior secured bonds. The transaction was well oversubscribed and rendered a broad interest from both Nordic and international institutional investors.