BRIEF-SSAB launches 5 bln SEK rights issue

April 22, 2016 5:29 AM

25 0

* Says has resolved to launch a rights issue of class B shares of around SEK 5 billion crowns ($615 million)

* Further financing measures taken include an extension of debt maturities of SEK 3.2 billion, existing bank guarantee extensions of SEK 3.7 billion and a new five-year (3+1+1 years) RCF of EUR 300-500 million (EUR 300 million is committed by three relationship banks and the remaining amount to be s...

Also read: When It Comes to Tech, Venture Capital Grows Less Venturesome

Read more

To category page