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Loomis AB ( (SE:LOOMIS) ) has shared an announcement.
Loomis AB has successfully issued SEK 1,800 million in sustainability-linked bonds with tenors of 3 and 5 years, aimed at general corporate purposes and refinancing loans. The issuance, which was well-received by investors, is part of Loomis’ commitment to integrating sustainability targets into its financing, specifically aiming to reduce Scope 1 and 2 emissions by 34% by 2027. The bonds are listed on Euronext Dublin, and partial repurchases of existing bonds have been carried out.
The most recent analyst rating on (SE:LOOMIS) stock is a Hold with a SEK438.00 price target. To see the full list of analyst forecasts on Loomis AB stock, see the SE:LOOMIS Stock Forecast page.
More about Loomis AB
Loomis offers secure and effective comprehensive solutions for managing payments, including the distribution, handling, storage and recycling of cash and other valuables. Loomis’ customers are mainly financial institutions and retailers. Loomis operates through an international network of around 400 branches in 27 countries. Loomis employs around 24,000 people and had revenue in 2024 of more than SEK 30 billion. Loomis is listed on Nasdaq Stockholm Large-Cap list.
Average Trading Volume: 113,711
Technical Sentiment Signal: Buy
Current Market Cap: SEK27.56B
For an in-depth examination of LOOMIS stock, go to TipRanks’ Overview page.