Magle Group successfully places senior secured bonds of SEK 350 million
Magle Chemoswed Holding AB (publ) ("Magle Group") has today successfully placed senior secured bonds in an amount of SEK 350 million with a tenor of three years (the "Bonds"). The Bonds will carry floating rate interest of STIBOR 3m plus 6.50 per cent. per annum and will be issued at 97 per cent. of par value. The issue date for the Bonds is expected to be on or about 4 July 2025.
The net proceeds from the Bonds will be used to refinance existing debt and for general corporate purposes, including investments, acquisitions and capital expenditure.
The Bonds will be listed on a regulated market within twelve months and Nasdaq Transfer Market within 60 days (with the intention to list within 30 days).
Pareto Securities acted as Sole Bookrunner, Advokatfirman Schjødt acted as legal advisor to Magle Group, and Roschier Advokatbyrå acted as legal advisor to Pareto Securities in connection with the bond issue. Vator Securities acted as financial advisor to Magle Group.