Sandvik Completes SEK4 Billion Bond Issue
May 09 2014 - 2:59AM
Dow Jones News
By Dominic Chopping
STOCKHOLM--Swedish engineering group Sandvik AB (SAND.SK) said
Friday it has made a successful bond issue in the Swedish capital
market of SEK4 billion.
MAIN FACTS:
-The bonds are issued under the Swedish Medium Term Note Program
and evenly split in two tenors maturing Jan. 14, 2020 and Jan. 14,
2021.
-The issues are at both fixed and floating rates.
-Bookrunners for the transaction were Danske Bank, Handelsbanken
Capital Markets and Nordea Markets.
-The bonds are listed on NASDAQ OMX Stockholm.
-At 0728 GMT shares traded 0.4% lower at SEK92.80.
-Write to Dominic Chopping at dominic.chopping@wsj.com; Twitter:
@WSJNordics
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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