Dometic has today successfully issued a EUR 300 million bond in the European bond market. The bond was issued with a 5-year maturity at a fixed rate of 5,00 per cent. The bond issue is the third EUR tranche under Dometic's EUR 1,500,000 EMTN (Euro Medium Term Note) programme. Dometic will apply for the notes to be admitted to listing on the official list of Euronext Dublin and to trading on its regulated market. The proceeds from the bond issue will be used for refinancing of existing indebtedness including the concurrent tender offer of the EUR 300 million bonds maturing May 2026, capped at EUR 100 million.
"We are pleased with the success of our issue on the European bond market, where we have attracted a broad investor base with 90 per cent of the investors outside of the Nordics. We continue our effort to expand the sources of Dometic's financing and expect to continue to utilize the Eurobond market going forward", says Dometic's Chief Financial Officer Stefan Fristedt.
BNP Paribas, Danske Bank, DNB Carnegie, Nordea and SEB are acting as joint bookrunners.
FOR FURTHER INFORMATION, PLEASE CONTACT
Dometic Investor Relations
Email: ir@dometicgroup.com