STOCKHOLM, Sept. 14, 2022 /PRNewswire/ -- Essity has raised EUR 500m in the bond market under its Euro Medium Term Note (EMTN) program. The re-offer yield for the bond was 3.094% with a maturity date of September 21, 2026, corresponding to mid swaps +0.70 percentage points.
The bond offering was three times oversubscribed, and the transaction was placed with more than 80 investors.
The bonds will be listed on the on the official list of Luxembourg Stock Exchange. The purpose of the issue is to refinance maturing bond loans and to finance operations.
BofA Securities, Commerzbank, NatWest Markets, and SEB acted as joint bookrunners for the transaction.
For further information, please contact:Per Lorentz, Vice President Corporate Communications, +46 733 13 30 55, per.lorentz@essity.com Johan Karlsson, Vice President Investor Relations, +46 705 11 15 81, johan.ir.karlsson@essity.com
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/essity/r/essity-raises-eur-500m-in-the-bond-market,c3630712
The following files are available for download:
Andalucía
Aragón
Cantabria
Castilla-La Mancha
Castilla y León
Catalunya
Extremadura
Galicia
Islas Canarias
Islas Baleares
Madrid
País Vasco
La Rioja
C. Valenciana
Navarra
Asturias
Murcia
Ceuta y Melilla
