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Published on 5/12/2023 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Loomis buys back SEK 174 million of bonds due 2023 via new bonds

By Marisa Wong

Los Angeles, May 12 – Loomis AB has bought back SEK 174 million of its outstanding bonds due Sept. 18, 2023 (ISIN: SE0011869932) at a price of 100.095, according to a press release.

Loomis will also pay accrued interest from but excluding the previous interest payment date until and including the settlement date, which will be May 19.

The repurchase was made in connection with the company’s issuance of SEK 1 billion of sustainability-linked bonds due 2027.

The cash handling company is based in Stockholm.


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