Regulatory press releases

SSAB issues 5-year bonds in euro

April 03, 2014 17:52 CEST

Today SSAB issued 5-year bonds in the European bond market with a total value of EUR 350 million. The bonds were issued under the Company’s EMTN program and the documentation does not contain any financial covenants. The annual coupon was set at 3.875%.

The bonds will be listed on The Irish Stock Exchange. 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.

Citigroup, Crédit Agricole and Nordea acted as Active Bookrunners for the transaction. 

Attachments

Related articles

Jun 13Other press releases
Sustainability
Oxelösund
Fossil-free steel

SSAB has signed an agreement to purchase high-quality automotive steel scrap from Volvo Cars’ Olofström production plant in Sweden to be recycled and used at SSAB’s mill in Oxelösund to produce...

Jun 12Other press releases
Automotive
SSAB Zero

SSAB and Volvo Cars have signed a landmark agreement for the delivery of SSAB Zero™ steel starting already this year. This agreement makes Volvo Cars the first automaker to commit to using...

Jun 10Other press releases
Luleå
Strategy
Fossil-free steel

Following the Early Service Agreement (ESA) signed in July 2024, SSAB and Danieli have now signed a contract under which Danieli will supply a highly-automated technology solution for SSAB’s new...