Lifco AB (publ) has applied for listing of two unsecured bond loans on the corporate bond list of Nasdaq Stockholm.
On 30 November 2017, Lifco announced the issue of two unsecured bond loans with a tenor of two years. The first bond loan amounts to SEK 165 million and carries a floating interest rate of three months STIBOR +0.75% annually with an effective margin of 0.60%. The second bond loan amounts to SEK 835 million and carries a fixed rate of 0.355% annually.
The company has applied for listing of the bonds on the corporate bond list of Nasdaq Stockholm. The first day of trading is intended to be 6 December 2017. For reasons thereof, the company today announces prospectuses relating to the bonds. The prospectuses are available on the company’s website, www.lifco.se, and on the website of the Swedish Financial Supervisory Authority, www.fi.se, and will also be sent to those that so request with the company.
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Media and investor relations manager
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Lifco acquires and develops market-leading niched operations with the potential to deliver sustainable profit growth and strong cash flows. The Group has three business areas: Dental, Demolition & Tools and Systems Solutions. Lifco has a clear corporate philosophy which implies a long-term perspective, focus on profits and a highly decentralized organization. Lifco has 133 companies in 26 countries. In 2016, the Group’s net sales amounted to SEK 9 billion and the EBITA margin was 15%. For more information, visit www.lifco.se.