VNV Global AB (publ) announces successful placement of a new senior unsecured bond loan
Reference is made to a press release made by VNV Global AB (publ) (“Company”) on 17 June 2021, in relation to which the Company today announces that it has successfully placed a new senior unsecured bond loan (the “Bonds”).
The Bonds, in an initial amount of SEK 500 million within a framework of 750 million, run with a tenor of three years and will carry a fixed rate coupon of 5.50 per cent p.a. with interest paid quarterly. The transaction attracted demand from a wide range of Nordic and international investors and was significantly oversubscribed.
VNV Global’s CEO, Per Brilioth, comments:
“We are thrilled to see the strong interest in these new bonds. With this additional financing, we will be able to remain flexible and opportunistic around our strong deal flow. We are currently looking at a number of opportunities that we believe have very investable risk/reward characteristics that would make great additions to the exciting and growing list of next generation companies in the portfolio, all of which we believe have the potential to become our next Babylon or Avito.”
Pareto Securities AB acted as sole bookrunner in conjunction with the bond issue and Gernandt & Danielsson Advokatbyrå acted as legal advisor.