27 March 2014
Ikano Bostad Stockholm Holding AB issued on 25 March 2014 senior secured fixed/floating rate bond with a nominal amount of SEK 1,000,000,000 on the Swedish market. The bond has a 5-year maturity and a coupon STIBOR plus 1.30 per cent per annum (floating rate notes) respectively 3.10 per cent per annum (floating rate notes). The bond loan proceeds have been used for repayment of existing debt. Ikano will apply for the loan to be listed on NASDAQ OMX Stockholm.
CorpNordic Sweden has been appointed by Ikano as agent for the noteholders.
Related bond:
Ikano Bostad Stockholm Holding AB