Swedish Match launches EUR 300 mln Eurobond issue
The 7-year EUR 300 million bond of Swedish Match AB (publ), rated Baa1
(stable) from Moody’s and A- (stable) from Standard & Poor’s, is now priced and launched under the Company's EMTN (Euro Medium Term Note) program. Due 28 June 2013, the bond pays a fixed coupon of 4.625% and has a reoffer price of 99.894 to give a spread of 60 basis points over the 7-year mid-swap.
Joint Bookrunners for this transaction were ABN AMRO NV and SEB Merchant Banking.
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Swedish Match is a unique company with its range of market-leading brands in the product areas of snuff, cigars, pipe tobacco and chewing tobacco – tobacco’s niche products – as well as matches and lighters. The Group’s global operations generated sales of 13,295MSEK for the twelve month period ending March 31, 2006. Swedish Match shares are listed on Stockholmsbörsen (SWMA).
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Swedish Match AB (publ), SE-118 85 Stockholm
Visiting address: Rosenlundsgatan 36, Telephone: +46 8 658 02 00
Corporate Identity Number: 556015-0756
www.swedishmatch.com
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For further information, please contact:
Lars Dahlgren, Chief Financial Officer
Office +46 8 658 04 41, Mobile +46 70 958 04 41
Magnus Heimburg, Group Treasurer
Office +46 8 658 01 12, Mobile +46 708 870 196
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