Alfa Laval issues EUR 800 million of corporate bonds
Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has raised EUR 800 million in the corporate bond market. This long-term financing replaces the bridge loan taken in connection with the acquisition of Frank Mohn AS. The bonds will be listed on the Irish stock exchange, the company said in its press release.
The bonds were raised in two tranches, EUR 300 million with a maturity of five years and EUR 500 million, with a maturity of eight years. Lead managers for these two issues were BNP Paribas, HSBC, ING, Nordea and SEB.
Settlement date is September 12, 2014. Following these transactions, Alfa Laval will have replaced the entire bridge loan, raised in connection with the Frank Mohn acquisition.
Alfa Laval AB (publ) discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 10.00. (CET) on September 8, 2014.
About Alfa Laval
Alfa Laval is a leading global provider of specialized products and engineering solutions based on its key technologies of heat transfer, separation and fluid handling.
