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Storskogen Completes Successful Bond Tender Offer

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Storskogen Completes Successful Bond Tender Offer

Confident Investing Starts Here:

Storskogen Group AB Class B ( ($SE:STOR.B) ) has provided an update.

Storskogen Group AB announced the results of its tender offer for outstanding bonds worth SEK 2 billion maturing in March 2027. Bonds amounting to SEK 945 million were tendered and accepted at a price of 103.75% of the nominal amount. The settlement is expected on June 4, 2025, coinciding with the issuance of new bonds worth SEK 1.25 billion. Remaining bonds will be redeemed at 103.4375% plus interest, with the redemption process involving major financial institutions as dealer managers.

The most recent analyst rating on ($SE:STOR.B) stock is a Buy with a SEK13.00 price target. To see the full list of analyst forecasts on Storskogen Group AB Class B stock, see the SE:STOR.B Stock Forecast page.

More about Storskogen Group AB Class B

Storskogen is an international group of businesses operating across trade, industry, and services. The company focuses on acquiring and developing leading small and medium-sized businesses in selected industries, with a long-term ownership horizon. Storskogen employs approximately 11,000 people and generates net sales of SEK 34 billion. It is listed on Nasdaq Stockholm.

Average Trading Volume: 4,418,392

Current Market Cap: SEK18.51B

Learn more about STOR.B stock on TipRanks’ Stock Analysis page.

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