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Coor Moves to List New SEK 750 Million Bond on Nasdaq Stockholm

Story Highlights
  • Coor has issued SEK 750 million in senior unsecured bonds under a SEK 1.5 billion framework.
  • The bond prospectus is approved, and Coor expects trading on Nasdaq Stockholm around April 28, 2024.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Coor Moves to List New SEK 750 Million Bond on Nasdaq Stockholm

Meet Samuel – Your Personal Investing Prophet

An announcement from Coor Service Management Holding AB ( (SE:COOR) ) is now available.

Coor Service Management Holding AB, a major Nordic facility management specialist, delivers workplace, property and strategic advisory services to corporate and public clients, including several blue-chip industrial, financial and public-sector organisations. Founded in 1998 and listed on Nasdaq Stockholm since 2015, the company positions itself as a key partner in creating productive and sustainable workplace environments.

Coor has issued SEK 750 million in senior unsecured bonds under a SEK 1.5 billion framework and is moving to list these instruments on Nasdaq Stockholm’s corporate bond list. The Swedish Financial Supervisory Authority has approved the listing prospectus, and trading in the bonds is expected to begin around 28 April 2024, enhancing Coor’s access to capital markets and potentially broadening its investor base.

The most recent analyst rating on (SE:COOR) stock is a Buy with a SEK44.00 price target. To see the full list of analyst forecasts on Coor Service Management Holding AB stock, see the SE:COOR Stock Forecast page.

More about Coor Service Management Holding AB

Coor Service Management Holding AB is a leading Nordic provider of facility management services, focused on creating efficient and attractive workplace environments. The company offers workplace services, property services and strategic advisory services to a broad customer base of large and small companies and public-sector organisations across the Nordic region. Founded in 1998 and listed on Nasdaq Stockholm since 2015, Coor emphasizes responsible operations and sustainable impact on society and the environment.

Average Trading Volume: 390,259

Technical Sentiment Signal: Buy

Current Market Cap: SEK5.3B

Find detailed analytics on COOR stock on TipRanks’ Stock Analysis page.

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