STOCKHOLM, March 9, 2020 / PRNewswire / – Electrolux today issued two bond loans totaling SEK 3.0 billion as part of its EMTN (Euro Medium Term Note) program.
Two bond loans are issued on March 9, 2020 at maturity March 9, 2022. One of the bond loans, in the amount of SEK 250 million, is issued at a fixed rate and carries a coupon of 0.405% per year. The other bond loan, amounting to 2,750 million Swedish kronor, has a variable interest rate.
The bonds will be listed on the Luxembourg Stock Exchange. The proceeds of the bond will be used for general corporate purposes.
Detailed information on bond issues and the terms of the issues is available on the Group’s website at http://www.electroluxgroup.com/en/long-term-bond-issues-363/.
For more information, contact
Åsa Öhmani
Electrolux Press Hotline
+ 46-8-657-65-07.
This is information that AB Electrolux is required to make public under the Securities Market Act. The information was submitted for publication at 08:00 CET on March 9, 2020.
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https://news.cision.com/electrolux/r/electrolux-issues-bond-loans,c3054889
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SOURCE Electrolux