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ABG Sundal Collier acted as sole manager and bookrunner in connection with the SEK 300m senior unsecured bond issue by LEAX Group AB (publ)

ABG Sundal Collier acted as sole manager and bookrunner in connection with the SEK 300m senior unsecured bond issue by LEAX Group AB (publ)

LEAX Group has conducted its inaugural bond issue of SEK 300m. The bonds have a tenor of four years and carry an interest rate of Stibor 3m + 6.25%. The proceeds from the issue will initially be used for repayment of existing revolving credit facilities in order to have undrawn credit lines available to progressively invest in machinery for new major contracts with Volvo Cars.