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Storskogen Eyes SEK500 Million Bond Issue, Launches Tender Offer for 2027 Bonds

MT Newswires·11/09/2026 05:02:23
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05:02 AM EST, 11/09/2026 (MT Newswires) -- Storskogen Group (STOR-B.ST) is considering the issuance of at least 500 million kronor of senior unsecured bonds with a floating interest rate and a 4.1-year tenor, according to a Monday release. The Swedish conglomerate appointed Danske Bank and SEB to arrange investor meetings for the potential issue, which is subject to market conditions. The proceeds will be used to finance a partial tender offer for its outstanding 1.25 billion-kronor bonds due 2027 and for general corporate purposes. The company on Monday launched a conditional offer for the 2027 bonds, offering holders 101.875% of the nominal amount plus accrued and unpaid interest. The offer, which is capped at the amount issued under the new bonds, ends on Thursday and is expected to be settled on Nov. 18.