Press release -
SEK 140m bond issue for Rotunda Fastigheter AB has been successfully completed with JOOL as advisor
The bond issue was well received by the market and attracted strong interest from both Nordic and International high-quality investors. The issue ended up being oversubscribed, in total SEK 147m.
The bond bears a coupon of 12 % p.a. + STIBOR/EURIBOR 3m with quarterly interest payments. Maturity is 30 months plus an extension option of 12 months. The proceeds from the bond issue will be used for refinancing, new acquisitions, interest costs and legal and transaction costs in connection with the bond issue.
JOOL Corporate Finance acted as Corporate Finance advisor, and Roschier Advokatbyrå AB acted as Corporate Finance Legal Advisor. The bonds will be registered through Euroclear Sweden.
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About the JOOL Group
The JOOL Group is a family owned corporate group, rooted in Swedish industrial tradition. With our main activities in the financial services, paper, timber and tech industries, our passion is entrepreneurship – both our own and that of others. Our philosophy is to be active and long term owners, developing businesses through a combination of entrepreneurial spirit and common sense.
JOOL Group