Our press releases
Keep yourself up to date
Sensys Gatso contemplates issuance of senior unsecured bonds
30-08-2024
Sensys Gatso Group AB (publ), (the “Company”) has mandated Carnegie Investment Bank as arranger and bookrunner to arrange a series of fixed income investor meetings commencing on September 2, 2024, to explore the possibility to issue new senior unsecured callable floating rate bonds in an expected amount of EUR 30,000,000 and with a tenor of four years.
Subject to, inter alia, market conditions, a capital markets transaction may follow. The net proceeds from the contemplated bond issue will partly be applied to refinance existing debt and primarily towards general corporate purposes, including investments in working capital and fixed assets in operation to accelerate further growth of the Company.
Gernandt & Danielsson Advokatbyrå KB and Kanter Advokatbyrå have been appointed as legal counsels in connection with the contemplated issuance of the bonds.
This information is information that Sensys Gatso Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 7.30 on August 30, 2024.
For further information:
Ivo Mönnink, CEO
Sensys Gatso Group AB
E-mail: investors@sensysgatso.com
Sensys Gatso Group AB is a global leader in traffic management solutions for nations, cities and fleet owners. Sensys Gatso Group has subsidiaries in Australia, Costa Rica, Germany, the Netherlands, Saudi Arabia, Sweden and the USA, and a branch office in the United Arab Emirates and has 302 employees. The Sensys Gatso Group’s shares are listed on Nasdaq Stockholm.
For further information, visit www.sensysgatso.com