Oscar Properties Holding AB’s (publ) has successfully issued subsequent senior unsecured bonds of SEK 250,000,000
Oscar Properties Holding AB (publ) ) (the "Company") has successfully issued subsequent senior unsecured bonds of an amount of SEK 250,000,000 under its existing framework of SEK 1,000,000,000. After the subsequent issue, a total of SEK 800,000,000 is outstanding. The issue price was 99% of par amount. The bonds are due in July 2024 and carries a floating interest rate of STIBOR 3m + 7.25 per cent. The Company intends to list the bonds on Nasdaq Stockholm.
The net proceeds from the bond issue will be used to refinance existing debt and transaction costs.
DNB Markets, a part of DNB Bank ASA, Sweden Branch and Pareto Securities AB acted as joint bookrunners, and Roschier Advokatbyrå AB acted as legal advisor, in connection with the subsequent bond issue.
For further information, please contact:
Oscar Engelbert, Founder and CEO of Oscar Properties Holding AB (publ), Mob: +46 70 568 00 01,
oscar@oscarproperties.se
The information was submitted for publication, through the agency of the contact person set out above, at 08:30 CEST on January 24, 2022.
About Oscar Properties
Oscar Properties is a property company focusing on property management and project development. We purchase, manage, develop and sell properties in attractive locations throughout Sweden, with the long-term strategy of being active in both property management and new production as well as conversions.
