Portland, Ore., June 2 – Vostok New Ventures Ltd. announced in a Thursday press release that it has successfully placed SEK 300 million of 6½% three-year fixed coupon bonds.
Pareto Securities AB acted as financial adviser in relation to the bond issue, the release stated.
“The bond issue will be used to refinance our current short-term credit facility and will allow us to remain flexible around our deal flow and liquidity management operations,” managing director Per Brilioth commented in the release.
The issuer is a Stockholm-based investment company.
| Issuer: | Vostok New Ventures Ltd.
|
| Amount: | SEK 300 million
|
| Maturity: | June 2019
|
| Securities: | Secured bonds
|
| Financial adviser: | Pareto Securities AB
|
| Coupon: | 6½%
|
| Announcement date: | June 2
|
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