PostNord issues SEK 550m in bonds

Today PostNord AB has issued a bond totaling SEK 550m. The bond has a maturity of 5 years and falls due on April 1, 2019. The bond pays a floating coupon of three months Stibor + 85 basis points. The issue was made under the Medium Term Note program, and the bond will be listed on NASDAQ OMX Stockholm. The joint bookrunners were Danske Bank and Nordea.

About PostNord:

PostNord offers communication and logistics solutions to, from and within the Nordic region. In 2013, PostNord had sales of approximately SEK 40 billion and 39,000 employees. We serve our customers under the brands Posten, Post Danmark, PostNord Logistics and Strålfors. The parent company is a Swedish public company headquartered in Solna, Sweden.

 

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