Press release; Sep 14, 2016 2:45 PM CET
Swedish Match has issued new notes
Swedish Match has today completed an issuance of new notes in the Euro market. A total of EUR 300 million was issued with a 8 year tenor with a coupon of 0.875%. The notes have been hedged into SEK. The proceeds will be used for refinancing of existing indebtedness and for general corporate purposes.
Deutsche Bank and SEB have acted as joint lead managers for the issuance of the new notes.
An application will be made for the new bonds to be listed on London Stock Exchange.
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Contacts:
Marlene Forsell, Senior Vice President and Chief Financial Officer
Office +46 8 658 0489
Emmett Harrison, Senior Vice President Investor Relations and Corporate Sustainability
Office +46 8 658 0173
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Contacts:
Marlene Forsell, Senior Vice President and Chief Financial Officer
Office +46 8 658 0489
Emmett Harrison, Senior Vice President Investor Relations and Corporate Sustainability
Office +46 8 658 0173
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