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24Storage AB (publ) investigates the possibility to issue senior unsecured bonds

08:00 / 21 September 2020 24Storage Press release

24Storage AB (publ) (the "Company") hereby announces that it has mandated Skandinaviska Enskilda Banken AB (publ) and Swedbank AB (publ) as joint bookrunners to investigate the possibility of a senior unsecured bond issue with a framework of up to SEK 800,000,000. Subject to, inter alia, market conditions, a bond issue may follow.

The proceeds from the potential bond issue will be used to (i) refinance existing debt, (ii) finance general corporate purposes of the group (including investments and acquisitions) and (iii) finance transaction costs.

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This information was distributed by MFN