Coor to Repurchase SEK 165m in Bonds as Part of Refinancing Push

The latest update is out from Coor Service Management Holding AB ( (SE:COOR) ).

Coor Service Management Holding AB has completed a conditional tender offer for its outstanding senior unsecured 2024/2027 bonds, agreeing to repurchase SEK 165 million in nominal value. The move is part of a broader refinancing process supported by a new bond issue, enabling Coor to optimize its capital structure and manage upcoming debt maturities.

The accepted bonds will be bought back at 100.475 percent of nominal value plus accrued interest, with settlement expected on 13 March 2026. Subject to conditions being met, Coor also plans to exercise an early redemption of remaining outstanding bonds on similar terms later in March, which would further simplify its debt profile and potentially reduce financing risk for stakeholders.

The most recent analyst rating on (SE:COOR) stock is a Buy with a SEK66.00 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, focusing on creating efficient, healthy and productive workplace environments. The company offers workplace services, property services and strategic advisory services to a broad customer base of private companies and public-sector organisations across the region. Founded in 1998 and listed on Nasdaq Stockholm since 2015, Coor emphasizes responsible operations and long-term value creation for customers, employees, shareholders and society.

YTD Price Performance: 20.28%

Average Trading Volume: 355,176

Technical Sentiment Signal: Buy

Current Market Cap: SEK5.63B

See more insights into COOR stock on TipRanks’ Stock Analysis page.