STOCKHOLM, Sweden, Aug. 30, 2005 (PRIMEZONE) -- Elekta has strengthened and diversified its long-term financing structure by entering into a private placement agreement to issue senior notes to U.S. institutional investors. The transaction amount is USD 125 million with a tenor of 10 years. Banc of America Securities has been the placement agent in the transaction.
"The response from investors has exceeded our expectations and it shows how well Elekta is perceived in the financial community. We now have a well structured financing that support our long-term need," says Hakan Bergstrom, CFO at Elekta.
For further information, please contact:
Peter Ejemyr, Group VP Corporate Communications Tel: +46 733 611 000, e-mail: peter.ejemyr@elekta.com
About Elekta
Elekta is an international medical-technology Group, providing meaningful clinical solutions, comprehensive information systems and services for improved cancer care and management of brain disorders. All of Elekta's solutions employ non-invasive or minimally invasive techniques and are therefore clinically effective, gentle on the patient and cost-effective.
Clinical solutions include among others Leksell Gamma Knife(R) for non-invasive treatment of brain disorders and Elekta Synergy(R) for image guided radiation therapy (IGRT). Following the acquisition of IMPAC Medical Systems Inc. in April 2005, The Elekta Group is the world's largest supplier of oncology software.
Elekta's systems and solutions are used at over 3,000 hospitals around the world to treat cancer and manage clinical operations as well as to diagnose and treat brain disorders, including tumors, vascular malformations and functional disorders.
With approx. 1700 employees, Elekta's corporate headquarter is located in Stockholm, Sweden and the company is listed on the Stockholm Stock Exchange under the ticker EKTAb. For additional information about Elekta, please visit www.elekta.com.
THE NOTES ARE NOT BEING REGISTERED UNDER THE US SECURITIES ACT OF 1933, AS AMENDED AND MAY ONLY BE OFFERED OR SOLD IN THE UNITED STATES IF REGISTERED UNDER SUCH ACT OR AN EXEMPTION FROM REGISTRATION IS AVAILABLE.
This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download:
http://wpy.waymaker.net/client/waymaker1/WOLReleaseFile.aspx?id=125854&fn=wkr0001.pdf
PDF version