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Published on 5/28/2019 in the Prospect News High Yield Daily.

New Issue: Kvalitena issues SEK 500 million 3.5-year bonds at Stibor plus 600 bps

By Sarah Lizee

Olympia, Wash., May 28 – Kvalitena AB issued SEK 500 million of 3.5-year senior bonds, according to an announcement.

The bonds are within a framework of SEK 800 million and will mature in December 2022.

They will have a floating interest rate of Stibor plus 600 basis points.

Kvalitena is a property developer based in Stockholm.

Issuer:Kvalitena AB
Issue:Senior bonds
Amount:SEK 500 million
Maturity:December 2022
Coupon:Stibor plus 600 bps
Settlement date:May 28

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