Magnolia Bostad announces publication of bond prospectus in connection with application for listing of bonds on Nasdaq Stockholm.
NORDIC BUSINESS REPORT-October 31, 2018-Magnolia Bostad announces publication of bond prospectus in connection with application for listing of bonds on Nasdaq Stockholm
(C)2018 M2 COMMUNICATIONS http://www.m2.com
Magnolia Bostad AB (STO:MAG) announced on Tuesday that it will apply for listing of a senior unsecured bond loan on the Corporate Bond list at Nasdaq Stockholm. These bonds will be admitted to trading at Nasdaq Stockholm as soon as possible.
The company said it had issued a senior unsecured bond loan of SEK500,000,000 on 2 October 2018, within a total framework amount of SEK700,000,000, on the Swedish bond market. These bonds carry a floating interest rate of STIBOR 3m + 8.50% per annum and mature on 3 October 2022.
Also, in connection with this, the company has prepared a prospectus, which has been approved by, and registered with, the Swedish Financial...
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