Lifco publishes bond prospectuses and applies for listing of the bonds on Nasdaq Stockholm
Lifco AB (publ) has applied for listing of two unsecured bond loans on the corporate bond list of Nasdaq Stockholm.
On 21 March 2018, Lifco announced the issue of two unsecured bond loans of SEK 1,750 million in total with a tenor of two years. The first bond loan amounts to SEK 1,050 million and carries a floating interest rate of three months STIBOR +0.75% annually with an effective margin of 0.55%. The second bond loan amounts to SEK 700 million and carries a fixed rate of 0.405% 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 19 April 2018. 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.
For more information please contact:
Media and investor relations manager
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Lifco offers a safe haven for small and medium-sized businesses. Lifco’s business concept is to acquire and develop market-leading niche businesses with the potential to deliver sustainable earnings growth and robust cash flows. Lifco is guided by a clear philosophy implying that the company has a long-term view on its holdings, a focus on profitability and a strongly decentralised organisation. The Group has three business areas: Dental, Demolition & Tools and Systems Solutions. At the end of 2017 the Lifco Group consisted of 138 operating companies in 29 countries. In 2017 Lifco reported EBITA of SEK 1,732 million on net sales of SEK 10.0 billion. The EBITA margin was 17.3 per cent. Read more at www.lifco.se