Bong AB (publ), listed on Nasdaq Stockholm (Small Cap), has successfully raised SEK 210 million in a senior secured bond issue with a tenor of 3 years and a floating coupon of 3m STIBOR + 10.00% per annum. The net proceeds from the bond issue will be used to refinance the existing SEK 200 million senior secured bond with maturity in December 2018 and for general corporate purposes. Settlement is expected to be on 19 October 2018, with final maturity on 19 October 2021.
About Bong AB (publ)
Bong is one of the leading providers of specialised light packaging and envelope products in Europe, offering solutions for distribution and packaging of information, advertising materials and lightweight goods. Important growth areas in the Group are packaging within retail and e-commerce and the envelope market within Eastern Europe. The Group has annual sales of approximately SEK 2.1 billion and about 1,400 employees in 14 countries. Bong has strong market positions in most of the important markets in Europe and the Group sees interesting possibilities for continued development. Bong is a public limited company and its shares are listed on Nasdaq Stockholm (Small Cap).

Contact

Karl Lundberg

Karl Lundberg

Investment Banking

Karl.Lundberg@abgsc.se +46 8 566 286 55