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Stillfront Group AB (publ) (“Stillfront” or the “Company”) has mandated DNB Markets, Nordea and Swedbank to explore the conditions for the Company to issue SEK senior unsecured floating rate bonds under a new framework of up to SEK 2,000,000,000, for general corporate purposes (including but not limited to refinancing, investments and acquisitions) in order to strengthen the Company´s flexibility for further growth.
As part of the financing, the Company has decided to arrange a series of meetings with selected Nordic bond investors commencing on 10 May. Subject to prevailing market conditions, a benchmark bond issue with a tenor of four years will follow.