On December 21, 2015, West Atlantic AB (publ) issued a senior secured bond loan in the amount of SEK 850 million, within a framework amount of SEK 1,350 million.
In accordance with the terms and conditions for the bond loan, West Atlantic AB (publ) has applied for the bonds to be admitted to trading on the Corporate Bond List at Nasdaq Stockholm.
In view of the application for admission to trading, West Atlantic AB (publ) has prepared a listing prospectus for the bonds. The prospectus has been approved by and registered with the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) and will be made available on the Swedish Financial Supervisory Authority's website (www.fi.se) and on the group's website (www.westatlantic.eu)
The estimated first day of trading will be around January 26, 2016.
For further information, please contact:
Gustaf Thureborn, CEO & President
Telephone: +46 (0) 10 452 95 07
Email: Gustaf.Thureborn@westatlantic.eu
Magnus Dahlberg, CFO
Telephone: +46 (0) 10 - 452 95 49
E-mail: Magnus.Dahlberg@westatlantic.eu
About West Atlantic
The West Atlantic Group is one of the market leading providers of dedicated air freight services to European NMOs and air freight capacity to Global Integrators and Freight Forwarders. The Group has a well-established geographic network, based around six logistic hubs, and currently operates 51 scheduled destinations. The aircraft portfolio includes 46 customised aircraft in service, whereof a majority is wholly owned. West Atlantic was founded in 1962 and is headquartered in Gothenburg, Sweden. Operations are performed all over Europe and per December 31 2014 West Atlantic had 488 employees. For 2014 West Atlantic reported revenues of MSEK 1,244 and adjusted EBITDA of MSEK 224.
West Atlantic AB (publ) Org. no: 556503-6083, Box 5433, SE-402 29 Gothenburg, Sweden
Investor Relations: investor.relations@westatlantic.eu
Webpage: www.westatlantic.eu
West Atlantic discloses the information in this release pursuant to the Swedish Securities Market Act and/or the Swedish Financial Instrument Trading Act.
HUG#1980779
