Regulatory press releases

SSAB issues 5-year Swedish bonds

December 07, 2012 14:00 CET

SSAB yesterday issued 5-year bonds on the Swedish capital market with a total value of SEK 1,000 million. The issuance was carried out in two tranches: a fixed interest bond totalling SEK 525 million with an annual coupon of 4.875%, and a bond totalling SEK 475 million carrying a floating rate interest of 3-month STIBOR +340 bp. Both loans have been issued under the Company’s Swedish MTN program and the documentation contains no financial covenants.

Both of the loans will be listed on Nasdaq OMX in Stockholm. The borrowing represents an element in the Company’s general financing activity and extends the average term to maturity in the Company’s loan portfolio.

Danske Bank and Svenska Handelsbanken acted as bookrunners for the transaction.

Attachments

Related articles

Jul 9Regulatory press releases
Invitation
Q2
Investors

SSAB invites you to a presentation of the Q2 2025 report at 9.30am CEST on Wednesday, July 23, 2025. The report will be published at approximately 7.30am CEST on the same date.

Jun 30Regulatory press releases
Luleå

Following the successful debt raising at the end of April 2025, SSAB has secured an additional EUR 430 million green financing to support its transformation project in Luleå, Sweden. The...

Jun 26Other press releases

SSAB has entered into an agreement with Polmotors — an innovative Tier 1 supplier — to future supplies of fossil-free steel for their structural automotive components and assemblies.