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Netel Holding AB ( (SE:NETEL) ) has shared an announcement.
Netel Holding AB is exploring the issuance of SEK-denominated senior unsecured bonds, with Skandinaviska Enskilda Banken AB arranging investor meetings to assess the market conditions for this capital markets transaction. The anticipated initial issue amount is SEK 850 million, within a framework of SEK 1,500 million, and the proceeds will be used for refinancing existing debt and general corporate purposes.
More about Netel Holding AB
Netel Holding AB is a leader in the development and maintenance of critical infrastructure within the Infraservices, Power, and Telecom sectors in Northern Europe. With 25 years of experience, the company is involved in the entire value chain from design to maintenance, aiming to secure a reliable future through technology. Netel reported net sales of SEK 3,300 million in 2024 and employs approximately 840 people. It has been listed on Nasdaq Stockholm since 2021.
Average Trading Volume: 62,933
Current Market Cap: SEK490.9M
Learn more about NETEL stock on TipRanks’ Stock Analysis page.