MIDAQ AB issues its first bond loan
MIDAQ AB has today successfully issued senior unsecured bonds of SEK 200 million within a framework amount of SEK 400 million, maturing on December 13, 2024.
The bonds have a variable interest rate of 3M Stibor + 7.85 percent. MIDAQ intends to apply for admission to trade the bonds on the Nasdaq First North Bond Market. The issue proceeds will be used for new acquisitions and to refinance existing debt.
-That MIDAQ is now taking the step into the bond market shows that investors have confidence in our business model and vision. We look forward to having them with us on our continued journey, says Stefan Engdahl, CEO of MIDAQ AB.
Danske Bank has acted as financial advisor in the transaction, and the law firm Cederquist has been legal advisor.
For further information, contact:
Stefan Engdahl, CEO of MIDAQ AB
Phone: +46 70 269 10 80, E-mail: stefan.engdahl@midaq.se
Håkan Sundberg, CFO MIDAQ AB
Phone: +46 70 269 10 81, E-mail: hakan.sundberg@midaq.se