Coor issues SEK 750 million in senior unsecured bonds

Mannheimer Swartling has advised Coor Service Management Holding AB (publ) (“Coor”) on the issuance of bonds with an initial amount of SEK 750 million within a framework of in total SEK 1.5 billion.

Coor intends to apply for admission to trading of the bonds on Nasdaq Stockholm’s corporate bond list. Mannheimer Swartling also advised Coor on the tender offer and early redemption of the company’s outstanding 2024/2027 bonds.

Coor is one of the leading providers of facility management services in the Nordics. It provides a wide range of comprehensive services in the service sector, including cleaning, workplace services, reception and customer service, as well as other services and consultancy. Coor’s shares are listed on Nasdaq Stockholm.

Coor was advised by Mannheimer Swartling in the transaction. The team consisted of Daniel Karlsson, Ludvig Andersson and Jennifer Ågren Ylinenjarvi.