Peab has issued bonds amounting to SEK 600 million in the MTN program, which was established in February 2012. The issue is divided into a part of SEK 300 million with a maturity of 1.5 years and a portion of SEK 300 million with a term of 4 years. Organizer of the issue is Swedbank. The loan limit for the MTN program is SEK 3 000 million and bonds totaling SEK 1 000 million is outstanding. The purpose of the present issue is to fund the maturity of convertible bonds 2007/2012 amounting to SEK 600 million due on 30 November. The MTN program gives Peab a possibility via the capital market to find long -term funding and to be used as one of several sources of funding. For further information, please contact: Jesper Göransson, C F O Peab +46 733 371013 Gösta Sjöström, C I O Peab +46 733 371010 Peab AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 11 a m on 18 October 2012. Peab is the Nordic Community Builder with some 15,000 employees and more than SEK 40 billion in net sales. The Group’s subsidiaries have strategically located offices in Sweden, Norway and Finland. The share is listed on NASDAQ OMX Stockholm. The registered office of the Group is at Förslöv, Skåne in south of Sweden.
Peab conducts bond issue under the MTN program
| Source: Peab AB