Contact Our websites Change language About us Products & Services Investors Careers News & Media Stories Search SUB NAVIGATION FOR SANDVIK RAISES EUR 500 MILLION IN THE CORPORATE BOND MARKET Home News & Media Sandvik raises EUR 500 million in the corporate bond market Sandvik raises EUR 500 million in the corporate bond market Sandvik has raised EUR 500 million in the corporate bond market under its Euro Medium Term Note (EMTN) program. The re-offer yield for the bond was 0.47% with a maturity date of November 25, 2028, corresponding to mid swaps 0.45 percentage points. The bond offering was oversubscribed 4 times, and the transaction was placed with more than 110 investors. The bonds will be listed on the official list of Luxembourg Stock Exchange. The background for the transaction is to refinance maturing loans and general corporate purposes. Deutsche Bank, Citigroup, Crédit Agricole CIB and SEB acted as joint bookrunners for the transaction. Stockholm, November 19, 2021 Sandvik AB For further information, contact Louise Tjeder, VP Investor relations, phone: +46 (0) 70782 6374 or Johannes Hellström, Press and Media Relations Manager, phone: +46 (0) 70721 1008. Sandvik raises EUR 500 million in the corporate bond market (PDF) Published: Nov 19, 2021 8:00 AM CET Categories: Investors NEED TO KNOW MORE? Email us SHARE WITH OTHERS Twitter Facebook LinkedIn E-mail Print this page SEND FEEDBACK ABOUT THIS PAGE SITE FOOTER Sandvik is an engineering group in mining and rock excavation, metal-cutting and materials technology. Copyright © Sandvik AB; (publ) Box 510, SE-101 30 Stockholm, Sweden Phone: +46 8 456 11 00 CONTACT PRIVACY COOKIE SETTINGS ABOUT THIS SITE TRADEMARKS MORE SANDVIK Other Sandvik websites