30
Aug
21:12
SSAB confirms strong interest in latest bond issue
Sweden’s SSAB tells Kallanish that it has successfully issued senior unsecured bonds in the total amount of €150 million ($175.1m).
The issue was under the steelmaker’s €2 billion Euro Medium Term Notes (EMTN) programme dated 18 May 2018. The bonds have a tenor of 5 years and a fixed coupon of 2.875%, SSAB says. “The transaction generated strong interest and was oversubscribed,” the company adds. The proceeds will be used for ge…
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Anonymous
Very good overview of the weekly steel market.
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