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An announcement from Mekonomen AB ( (SE:MEKO) ) is now available.
MEKO AB has applied for the listing of its senior unsecured floating rate bonds on Nasdaq Stockholm, following their issuance on June 18, 2025. The bonds, amounting to SEK 1,250,000,000 with a five-year tenor, are part of a larger SEK 2,000,000,000 framework. This move is expected to enhance MEKO’s financial flexibility and market presence, with the first trading day anticipated around July 29, 2025. The prospectus for this listing has been approved by the Swedish Financial Supervisory Authority and is available on MEKO’s website.
The most recent analyst rating on (SE:MEKO) stock is a Buy with a SEK140.00 price target. To see the full list of analyst forecasts on Mekonomen AB stock, see the SE:MEKO Stock Forecast page.
More about Mekonomen AB
MEKO AB is a leading company in the automotive industry, focusing on enabling mobility across Northern Europe. It operates in eight countries with 600 branches and serves 20,000 workshop customers, including 4,500 workshops under its own brands. MEKO’s wholesale and workshop brands include Mekonomen, MECA, Balti Autosaad, BilXtra, FTZ, Fixus, Inter-Team, and Sørensen og Balchen.
YTD Price Performance: -30.65%
Average Trading Volume: 103,113
Technical Sentiment Signal: Sell
Current Market Cap: SEK5.14B
Learn more about MEKO stock on TipRanks’ Stock Analysis page.