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24Storage

24Storage

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24Storage AB (publ) issues subsequent bonds of SEK 40 million

14:45 / 31 May 2021 24Storage Press release

24Storage AB (publ) (the "Company") has successfully issued subsequent senior unsecured bonds in an amount of SEK 40,000,000 under its existing framework of up to SEK 800,000,000 with ISIN SE0014957551. The bonds were issued at a price of 100.75 per cent. of the nominal amount per bond. The bonds are due in October 2023 and carry a floating interest rate of STIBOR 3m + 7.50 per cent. The aggregate total amount of bonds outstanding under the Company's framework now amounts to SEK 440,000,000.

The proceeds from the subsequent bond issue will be used to (i) finance general corporate purposes of the group (including investments and acquisitions) and (ii) finance transaction costs.
 
Skandinaviska Enskilda Banken AB (publ) and Swedbank AB (publ) acted as joint arrangers and bookrunners in connection with the bond issue.

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MFN

This information was distributed by MFN https://www.mfn.se/