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Netel Holding plans SEK 950M senior secured floating bonds

Netel mandated arrangers to explore issuing SEK-denominated senior secured floating rate bonds with a 4-year tenor, expected initial size SEK 950M within a SEK 1,500M framework, to refinance existing debt and for general corporate purposes.

NETEL

Netel has mandated arrangers to explore an issue of SEK-denominated senior secured floating rate bonds with a 4-year tenor. The company expects the initial size to be SEK 950M within a SEK 1,500M framework, with proceeds intended to refinance existing debt and for general corporate purposes.