Kinnevik issues SEK 1 billion bond
(Thomson Reuters ONE) -
Kinnevik AB (publ) ("Kinnevik") today announced that it has issued a SEK 1bn
bond in the Swedish bond market.
The bond has a final maturity of five years and a floating rate coupon of the
three-month STIBOR plus 1.10 percent. In order to hedge the interest rate risk,
Kinnevik has entered into an interest rate swap agreement whereby it will pay a
fixed annual interest rate of 1.495 percent on the full SEK 1bn.
The bond is issued under Kinnevik's Medium Term Note ("MTN") Programme
established in February 2017 with a framework amount of SEK 4bn.
For further information, visit www.kinnevik.com or contact:
Torun Litzén, Director Investor Relations
Phone +46 (0)8 562 000 83
Mobile +46 (0)70 762 00 83
Kinnevik is an industry focused investment company with an entrepreneurial
spirit at its heart. Our purpose is to build the digital consumer businesses
that provide more and better choice. We do this by working in partnership with
talented founders and management teams to create, invest in and lead fast
growing businesses in developed and emerging markets. We believe in delivering
both shareholder and social value by building well governed companies that
contribute positively to society. Kinnevik was founded in 1936 by the Stenbeck,
Klingspor and von Horn families. Kinnevik's shares are listed on Nasdaq
Stockholm's list for large cap companies under the ticker codes KINV A and KINV
B.
Press release:
http://hugin.info/1114/R/2086199/787078.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Kinnevik via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 08.03.2017 - 14:30 Uhr
Sprache: Deutsch
News-ID 529010
Anzahl Zeichen: 2157
contact information:
Town:
STOCKHOLM
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 190 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Kinnevik issues SEK 1 billion bond"
steht unter der journalistisch-redaktionellen Verantwortung von
Kinnevik (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
