In March 2021, HKScan Corporation issued a senior unsecured bond of a EUR 90 million. The four-year bond matures on 24 March 2025, it carries a fixed annual interest at the rate of 5.000 per cent and has an issue price of 100 per cent.
The proceeds from the bond offering were partially used for the partial repurchase of HKScan Corporation’s existing EUR 135 million 2.625 per cent fixed-rate unsecured senior notes. The remainder of the proceeds received will be used for general corporate purposes.
Nordea Bank Abp and OP Corporate Bank plc act as coordinators for the issue of the bond and together with Danske Bank A/S and DNB Bank ASA, Sweden Branch as joint lead managers for the issue of the bond.