{"id":3864,"date":"2018-02-16T13:18:10","date_gmt":"2018-02-16T13:18:10","guid":{"rendered":"https:\/\/testflight.quantservice.com\/news\/quant-issues-bond-loans-totalling-eur-90-5-million\/"},"modified":"2022-06-23T12:51:12","modified_gmt":"2022-06-23T12:51:12","slug":"quant-issues-bond-loans-totalling-eur-90-5-million","status":"publish","type":"news","link":"https:\/\/testflight.quantservice.com\/pt-br\/news\/quant-issues-bond-loans-totalling-eur-90-5-million\/","title":{"rendered":"Quant issues bond loans totalling EUR 90.5 million"},"content":{"rendered":"
Global maintenance leader Quant AB has issued a senior secured bond loan of EUR 62.5 million maturing in February 2023 and a junior secured bond loan of EUR 28 million maturing in May 2023.<\/p>\n
The senior bond loan amounts to EUR 62.5 million and is issued with security in shares of the issuer and certain subsidiaries. It is a five-year bond loan with maturity date in February 2023. The junior bond loan amounts to EUR 28 million and is issued with security in shares of the issuer and certain subsidiaries. The junior bond loan matures in May 2023. The bonds will be listed on NASDAQ Stockholm within twelve months.<\/p>\n
The net proceeds from the issues will be used to repay existing bank facility loans as well as for general corporate purposes.
\n\u2013 Refinancing our company in the bond market is an important step for Quant and provides a good structure to continue to grow our business globally, organically as well as through acquisitions, says Olof Sand, President and CEO of Quant AB (publ).
\nPareto Securities AS has acted as sole financial advisor in connection with the issue of the bond loans.<\/p>\n
Stockholm, 16 February 2018<\/em> For further information, please contact:<\/strong>
\n Quant AB (publ)<\/em><\/p>\n
\nGlenn Withers, CFO:
\nTel:+46 72 721 06 26<\/p>\n