Indutrade issues three bond loans of in total SEK 1,050 million

The bond loans with a tenor of 2,5 years amounted to SEK 750 million, with the first bond loan of SEK 400 million carrying a floating rate and the second bond loan of SEK 350 million carrying a fixed rate. The bond loans were issued at a margin of 1.60% against three months STIBOR and the interpolated mid-swap rate, respectively. The bond loan with a tenor of 3,8 years amounted to SEK 300 million and was issued at a margin of 1.90% against the interpolated mid-swap rate. The transaction generated strong investor demand.

The proceeds from the bond issues will be used for refinancing of existing loans and for general corporate purposes, including acquisitions. Indutrade will apply for the new bonds to be listed on Nasdaq Stockholm's Corporate Bond List.

SEB and Nordea acted as financial advisors in connection with the new bond issue.

Stockholm, 18 November 2022

INDUTRADE AB (publ)

For further information, please contact:
Patrik Johnson, CFO
Phone +46 70 397 50 30

About Indutrade
Indutrade is an international technology and industrial business group that today consists of more than 200 companies in some 30 countries, mainly in Europe. In a decentralised way, we aim to provide sustainable profitable growth by developing and acquiring successful companies managed by passionate entrepreneurs. Our companies develop, manufacture, and sell components, systems and services with significant technical content in selected niches. Our value-based culture, where people make the difference, has been the foundation of our success since the start in 1978. Indutrade's net sales totalled SEK 21.7 billion in 2021, and the share is listed on Nasdaq Stockholm in Sweden.