Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Storskogen Group AB Class B ( ($SE:STOR.B) ) has issued an announcement.
Storskogen Group AB has successfully issued SEK 1.25 billion in senior unsecured bonds to finance a tender offer and early redemption of existing bonds maturing in 2027. This financial maneuver is expected to reduce the company’s total bond debt by SEK 750 million and decrease quarterly interest expenses by SEK 20 million starting from the third quarter of 2025. The company anticipates total interest savings of SEK 75 million by March 2027, despite a one-off cost of SEK 75 million due to the tender and redemption premium. This strategic move is part of Storskogen’s efforts to strengthen its balance sheet and continue investing in growth initiatives.
The most recent analyst rating on ($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 operating across trade, industry, and services. It focuses on acquiring and developing leading small and medium-sized businesses in selected industries, with a long-term ownership horizon. The company employs approximately 11,000 people and generates net sales of SEK 34 billion. Storskogen is listed on Nasdaq Stockholm.
Average Trading Volume: 4,423,080
Current Market Cap: SEK17.77B
See more insights into STOR.B stock on TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue