Investor AB to redeem €700 million 4.5% notes due 2023 on July 11

By Marisa Wong

Los Angeles, June 13 – Investor AB will redeem all of it its outstanding €700 million 4.5% notes due 2023 (ISIN: XS0625859516) on July 11, according to a company announcement.

The redemption price will be determined and disclosed to noteholders on the third business day prior to the redemption date.

The company previously announced that the redemption was subject to the pricing and settlement of a new series of notes, proceeds of which will be used to fund the redemption of the existing notes.

The investment company is based in Stockholm.

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