Qred repurchases bonds to strengthen equity

27/3/2020

Qred Holding AB (publ) (the “Company”) has repurchased bonds with a nominal value of EUR 7,300,000.

The repurchases concern the Company’s senior secured bonds with a nominal outstanding amount of EUR 40,000,000 (ISIN: SE001250726). The bonds have a floating rate corresponding to EURIBOR 3m plus 8.5 percent and are due in June 2022. The average purchase price corresponds to 75.75 percent of the nominal value of the bonds. Following the purchases, the Company’s holding amounts to a nominal amount of EUR 7,300,000.

Author

Andrea Romander
Head of Communications & Sustainability
Qred Bank
+46 730 926 607
andrea.romander@qred.com

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