Sdiptech issues bonds of SEK 400 million and completes tender offer in respect of its outstanding bonds
Sdiptech AB (publ) (”Sdiptech”) has successfully issued floating rate senior secured bonds of SEK 400 million within a framework of SEK 1,000 million. In conjunction with the new bond issuance, Sdiptech successfully completed a tender offer and early redemption of its 2023/2027 bonds. The proceeds from the new bonds have been to refinance the outstanding bonds.
Sdiptech intends to apply for admission to trading of the bonds on the corporate bond list of Nasdaq Stockholm.
Sdiptech is a technology group that acquires and develops market-leading niche operations that contribute to creating more sustainable, efficient and safe societies. Sdiptech has approximately SEK 4,500 million in sales and is based in Stockholm. Sdiptech’s common shares of series B are traded on Nasdaq Stockholm.
Sdiptech was advised by Mannheimer Swartling in connection with the bond issue and the tender offer. The firm’s team consisted of Gustav Glimblad, Christian Andersson and Greta Petersson.