Chicago, Sept. 6 – NP3 Fastigheter AB (publ) said it priced SEK 600 million of floating-rate senior bonds due March 2023.
The interest rate is Stibor plus 400 basis points.
Proceeds will be used for general corporate purposes and for bond redemption.
Namely, proceeds will be used to fund the company’s recently expired purchase offer for SEK 200 million of its 2017/2021 bonds and the redemption of SEK 157 million of the 2016/2019 outstanding bonds of the company’s NP13 Forvaltning AB subsidiary.
Scandinavian Enskilda Banken AB (publ) and Swedbank AB (publ) acted as bookrunners.
NP3 Fastigheter acquires, owns and manages real estate properties. It is based in Sundsvall, Sweden.
| Issuer: | NP3 Fastigheter AB (publ)
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| Issue: | Floating-rate notes
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| Amount: | SEK 600 million
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| Maturity: | March 2023
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| Coupon: | Stibor plus 400 bps
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| Bookrunners: | Scandinavian Enskilda Banken AB (publ) and Swedbank AB (publ)
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| Announcement date: | Sept. 6
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