Novedo publishes bond prospectus and applies for admission to trading of its bonds on Nasdaq Stockholm

Stockholm, 25 October 2022, 13:45 CEST

 
On 26 November 2021, Novedo Holding AB (publ) (“Novedo”) issued senior secured corporate bonds
in the amount of SEK 750 million (the “Initial Bonds”) under a total framework of SEK 1,000 million with ISIN SE0017070980 (the “Framework”). On 6 September 2022, Novedo issued subsequent bonds in the amount of SEK 250 million under the Framework. In total, bonds in the amount of SEK 1,000 million have been issued under the Framework (the “Bonds”).

In accordance with the terms and conditions of the Bonds, Novedo has applied for admission to trading of the bonds at Nasdaq Stockholm on the corporate bond list and the first day of trading is expected to be on or about 28 October 2022. For the purpose of the admission to trading, Novedo has prepared a listing prospectus which has been approved by the Swedish Financial Supervisory Authority. The prospectus will be available at Novedo’s website (www.novedo.se) and the Swedish Financial Supervisory Authority’s website (www.fi.se).

The Initial Bonds are admitted to trading on the Frankfurt Stock Exchange (Open Market). Following the admission to trading of the Bonds on Nasdaq Stockholm, the Initial Bonds will be delisted from the Frankfurt Stock Exchange (Open Market) and the last day of trading of the Initial Bonds on the Frankfurt Stock Exchange (Open Market) will be 30 November 2022.
 

For further information, please contact:

Per-Johan Dahlgren
CEO
per-johan.dahlgren@novedo.se

Anders Eriksson
CFO
anders.eriksson@novedo.se
+46 (0)709 10 56 68

About Novedo

Novedo is an industrial group consisting of prominent entrepreneurial-driven small and medium-sized companies with a sound corporate culture in three focused segments – industry, infrastructure and installation & services.  The company
has an active Nordic acquisition strategy with the aim to continue to grow with qualitative companies and through organic growth. Consolidated pro forma sales as of June 30, 2022 LTM amounted to SEK 2,044 million with an EBITDA of approximately SEK 260 million. For more information www.novedo.se.