Stillfront Group AB (publ) announced that it has successfully issued senior unsecured bonds totaling SEK 1,000,000,000 under a SEK 2,000,000,000 framework.
The new bonds carry a floating rate of 3m STIBOR + 500 basis points and are set to mature on 7 April 2030, with the company intending to apply for admission to trading on Nasdaq Stockholm’s corporate bond list.
Stillfront also reported the outcome of its tender offer for outstanding SEK-denominated floating-rate bonds (ISIN SE0020846624) maturing in 2027, where SEK 568,750,000 of bonds were validly tendered and accepted.
Settlement for the tender offer is expected on 7 April 2026, and the company stated that it plans to use proceeds to refinance the outstanding bonds and for general corporate purposes.
In addition, Stillfront said it will exercise its right to a voluntary early redemption of the remaining outstanding bonds, conditional on the new bond proceeds and the tender offer settlement, with redemption expected on 27 April 2026.
Source: Stillfront press release
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