Polygon successfully issues 5 – year EUR 210 million senior secured fixed rate notes

Polygon AB (publ) (”Polygon”), has successfully placed EUR 210 million senior secured notes (ISIN SE0010830950) with a possibility to issue subsequent notes (the “Notes”).

The Notes, maturing in February 2023, will bear a fixed rate coupon at 4.000 per cent. per annum, with interest paid semi-annually. The Notes will be governed by Swedish law and Polygon has undertaken to list the Notes on the regulated market of Nasdaq Stockholm or any other regulated market within 180 days from the first issue date.

The proceeds from the Notes issue will be used to refinance the existing EUR 180 million 3m EURIBOR + 5.0 per cent. senior secured notes with ISIN SE0005878535, due 16 April 2019 and for general corporate purposes (including acquisitions).

The transaction was well received by both Nordic and international investors in the market and the significantly lower pricing of the Notes compared to the existing financing reflects Polygon’s strong growth and profitability development during recent years.

Carnegie Investment Bank AB (publ) and Nordea Bank AB (publ) acted as Joint Bookrunners and Roschier and Hannes Snellman acted as legal advisors in connection with the Notes issue.

For more information, please contact:
Mats Norberg, Chief Financial Officer, mats.norberg@polygongroup.com, +46 70 331 65 71

This information is information that Polygon 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 18.15 CET on 8 February 2018.

Polygon is a Global Expert and the European market leader in Property Damage Control. On 3 continents and in 13 countries, our more than 3,000 employees prevent, control and mitigate the effects of water, fire and climate. Our innovative and tailor-made solutions combine people, knowledge and technology for a wide range of customer segments.