Electrolux Professional establishes a MTN programme and issues bonds of SEK 900 million
Electrolux Professional AB (publ) (“Electrolux Professional”) has established an MTN programme with a framework of SEK 5 billion and has in connection therewith prepared a base prospectus that has been approved and registered by the Swedish Financial Supervisory Authority.
Under the programme, Electrolux Professional has the possibility to issue medium term notes in the capital market in Swedish kronor or euros. In connection with the establishment of the MTN programme, Electrolux Professional has issued two series of bonds thereunder for a total amount of SEK 900 million.
The Electrolux Professional Group is one of the leading global providers of food service, beverage, and laundry for professional users. Electrolux Professional Group’s solutions and products are manufactured in 13 plants in eight countries and sold in over 110 countries. In 2023, the Electrolux Professional Group had global sales of SEK 12bn and approximately 4,300 employees. Electrolux Professional’s B-shares are listed at Nasdaq Stockholm.
Mannheimer Swartling advised Electrolux Professional in connection with the establishment of the MTN programme and the subsequent bond issue.
