PostNord establishes bond programme
A week after Henrik Rättzén was appointed new CFO at PostNord was appointed CFO at PostNord, the Swedish Financial Supervisory Authority has approved and registered PostNord’s prospectus for the issue of medium term notes (MTN) with a limit of SEK 6 billion. The programme makes it possible to issue bonds on the Swedish market.
“Our strategy involves reorganising operations to secure profitability in our mail business and develop our position in logistics. Efficient funding is essential to this work. Establishing the bond program offers us new opportunities to diversify our funding, says Torsten Fels, acting CFO.
SEB is the arranger and also dealer along with Danske Bank, Nordea, Handelsbanken Capital Markets and Swedbank.
The prospectus is published on PostNord’s website at www.postnord.com.
Source: PostNord
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