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Eltel AB ( (SE:ELTEL) ) just unveiled an announcement.
Eltel AB has issued senior secured floating rate bonds worth EUR 130 million, with a total framework of EUR 240 million, on the Swedish bond market. These bonds, maturing in June 2029, will be listed on Nasdaq Stockholm’s Corporate Bond list, enhancing Eltel’s financial flexibility and market presence.
The most recent analyst rating on (SE:ELTEL) stock is a Hold with a SEK9.00 price target. To see the full list of analyst forecasts on Eltel AB stock, see the SE:ELTEL Stock Forecast page.
More about Eltel AB
Eltel is a leading service provider for critical infrastructure in the Nordics, specializing in services and turnkey solutions for communication and power networks and renewable energy. With 4,500 employees across the Nordics, Germany, and Lithuania, Eltel supports the digitalization and electrification of society. The company is headquartered in Sweden and its shares are listed on Nasdaq Stockholm.
Average Trading Volume: 68,207
Technical Sentiment Signal: Buy
Current Market Cap: SEK1.41B
See more data about ELTEL stock on TipRanks’ Stock Analysis page.