Kahrs to redeem SEK 750 million of senior unsecured floaters due 2017

By Tali Rackner

Norfolk, Va., June 30 – Kahrs Holding AB (publ) plans to redeem its SEK 750 million of senior unsecured callable floating rate bonds due 2017, according to a press release.

The bonds will be redeemed at 104.5 plus accrued interest on Aug. 3 to holders of record on July 27.

In connection with the redemption, the bonds will be delisted from the corporate bond list at Nasdaq Stockholm.

Kahrs Holding is a Swedish hardwood and resilient flooring manufacturer.

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