Regulatory press releases

SSAB issues 5-year Swedish bonds

February 19, 2014 8:30 CET 6 min read

SSAB yesterday issued 5-year bonds on the Swedish capital market with a total value of SEK 1,500 million. The issuance was carried out in two tranches: a fixed interest bond totalling SEK 500 million with an annual coupon of 4.625%, and a bond totalling SEK 1,000 million carrying a floating rate interest of 3-month STIBOR +280 bp. Both loans have been issued under the Company’s Swedish MTN program and just like the other debt instruments 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.

DNB, SEB and Svenska Handelsbanken acted as arrangers for the transaction.

Dec 1 2022

Epiroc presents world’s first underground mine truck made using fossil-free steel from SSAB

Epiroc is pioneering a battery-electric underground mine truck prototype made using fossil-free steel from SSAB. The prototype, a Minetruck MT42 Battery, has a dump box made from fossil-free steel. The result will mean a 10-tonne reduction in CO2 emissions per manufactured dump box, the equivalent of taking five gasoline cars off the road for an entire year.

Nov 30 2022

M. Torre extends lifespan of tipper bodies by up to 30% with Hardox® 500 Tuf steel

Since switching from SSAB’s Hardox® 450 steel to Hardox® 500 Tuf, M. Torre, a Spanish manufacturer of tipper bodies for the recycling industry, has extended the lifespan of its products without having to alter its processes. The result is a tipper body that is not only between 25 and 30% more durable, but also lighter and more sustainable.

Nov 7 2022

SSAB attends COP27 in Sharm El-Sheikh, Egypt

SSAB is taking part in meetings and seminars in conjunction with the United Nations Climate Change Conference, COP27, which this year is hosted by Egypt. SSAB will, as part of Business Sweden’s delegation, raise the need for enabling regulatory frameworks and a level playing field as well as highlight the importance of partnerships and cross-sector co-operation to reach Paris Agreement targets.

Regulatory press releases

SSAB issues 5-year Swedish bonds

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Epiroc presents world’s first underground mine truck made using fossil-free steel from SSAB

M. Torre extends lifespan of tipper bodies by up to 30% with Hardox® 500 Tuf steel

SSAB attends COP27 in Sharm El-Sheikh, Egypt