Dometic plans to start roadshow Friday for €314 million five-year PIK toggle notes

By Paul A. Harris

Portland, Ore., June 12 – Dometic Group AB plans to start a roadshow on Friday for a €314 million offering of five-year senior PIK toggle notes, according to a market source.

The roadshow wraps up on June 19, and the deal is set to price thereafter.

Joint bookrunner Goldman Sachs International will bill and deliver. Nordea is also a joint bookrunner.

DNB Markets, Handelsbanken Capital Markets, SEB and Swedbank are the co-managers.

The Rule 144A and Regulation S notes come with two years of call protection.

Proceeds will be used to repay debt.

Dometic is a Solna, Sweden-based provider of products for recreational, commercial and passenger vehicles, including refrigerators and air conditioners.

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