Chicago, Sept. 7 SGL International A/S placed a subsequent bond issue of 75 million of senior secured fixed-rate bonds due 2025 (ISIN: SE0015810759) at 103.25, according to a press release.
The additional notes raise the amount issued in the series to 225 million.
Proceeds will be used for general corporate purposes, including acquisitions, investments and repayment of drawn amounts under the groups working capital facilities.
Pareto Securities was retained as bookrunner and financial adviser.
The freight forwarding company is based in Denmark.
Issuer: | SGL International A/S
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Issue: | Senior secured notes
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Amount: | 75 million, add-on
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Maturity: | 2025
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Bookrunner: | Pareto Securities
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Price: | 103.25
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Announcement date: | Sept. 7
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Total issue size: | 225 million
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ISIN: | SE0015810759
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