Stillfront Group AB (publ) says it is exploring the issuance of floating-rate senior unsecured bonds under a total framework of SEK 2.0 billion, with an expected tenor of four years and an expected issue amount of SEK 1.0 billion, subject to market conditions.
The company states that proceeds from the contemplated issue would be used to refinance its outstanding SEK 1.0 billion 2023/2027 senior unsecured bonds (ISIN SE0020846624) and for general corporate purposes.
In connection with the potential new issuance, Stillfront has announced a conditional cash tender offer for any and all of the existing 2023/2027 bonds, plus accrued and unpaid interest, with a purchase price of 101.3825% as set out in its tender information document dated 24 March 2026.
According to the company, the tender offer expires at 12:00 CET on 27 March 2026 (unless extended or otherwise changed), with settlement expected around 7 April 2026, and the repurchase is conditional upon a successful issue of the new bonds.
Official source: Stillfront Group (press release, 24 March 2026).
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