LEAX publishes bond prospectus and applies for listing of its bonds on Nasdaq Stockholm
On 29 May 2019 LEAX Group AB (publ) (“LEAX”) issued senior unsecured corporate bonds in an amount of SEK 300 million. The bonds will mature on 29 May 2022 and carry a floating rate of Stibor 3 months + 6.25 per cent.
LEAX intends to apply for listing of the bonds on Nasdaq Stockholm and will announce the estimated first day of listing when known. For the purpose of the listing, LEAX has prepared a prospectus that has been approved by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen). The prospectus is available on LEAX’s website www.leax.com and on the Swedish Financial Supervisory Authority’s website www.fi.se.
Contact details:
Henrik Fagrenius, President & CEO
Telephone: +46 (0) 221 346 89
E-mail: henrik.fagrenius@leax.com
The information was submitted for publication, through the agency of the contact person set out above, on 4 July 2018 at 14:00 CEST.
About LEAX:
LEAX Group is the parent company of a group (“LEAX Group”) with more than 1,200 employees. LEAX Group has operations in Köping, Falun, Falköping and Tidaholm in Sweden, Riga and Rezekne in Latvia, Curitiba in Brazil, Detmold in Germany, Mezökövesd in Hungary and Wuxi in China. LEAX Group is a manufacturer of mechanical components and subsystems for the heavy vehicle industry, mining and construction industries and other engineering industries. LEAX Group also delivers customized gearboxes for various mechanical engineering industries. LEAX Group’s sales for 2017 amounted to approx. 1.7 billion SEK.