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Assemblin Financing to offer €250 million senior notes due 2025
Chicago, Nov. 25 – Assemblin Financing AB announced that the company plans to offer €250 million of senior secured floating-rate notes (B2) due 2025, according to a notice.
Proceeds, together with cash on hand, will be used to repay all outstanding amounts under the company’s term loan, revolving credit and guarantee facilities, to make a distribution to its shareholders and to pay fees and expenses relating to the offering and related transactions.
Assemblin is in the business of designing, installing and maintaining electrical, heating, sanitation, ventilation and automation systems in projects in Sweden, Norway and Finland. The company is based in Stockholm.
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