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Vestum has successfully issued a bond of SEK 1.5 billion

Stockholm October 21, 2021

Vestum AB (publ) ("Vestum" or the "Company") has issued a senior unsecured bond of SEK 1.5 billion, within a framework of SEK 3 billion. The bond carries an interest rate of 3m Stibor + 415 basis points and matures on October 28 2024. The issue attracted very strong interest and the order book, which comprises mainly of Nordic institutional investors was heavily oversubscribed.

VESTUM HAS SUCCESSFULLY ISSUED A BOND OF SEK 1.5 BILLION

Stockholm October 21, 2021

Vestum AB (publ) ("Vestum" or the "Company") has issued a senior unsecured bond of SEK 1.5 billion, within a framework of SEK 3 billion. The bond carries an interest rate of 3m Stibor + 415 basis points and matures on October 28 2024. The issue attracted very strong interest and the order book, which comprises mainly of Nordic institutional investors was heavily oversubscribed.

The proceeds from the bond issue will be used for refinancing of existing debt as well as strengthening the liquidity for future acquisitions and investments in companies.

"We are very pleased with how well Vestum has been received in the bond market. This demonstrates that investors have faith in our business model and our continued growth journey. By entering the bond market, we diversify our funding sources and strengthen our financial position in order to be able to act on interesting business opportunities and to reach our financial target of an EBITA of at least SEK 3 billion before the end of 2025", says Conny Ryk, CEO of Vestum.

Carnegie Investment Bank and Swedbank AB (publ) acted as financial advisors and Advokatfirman Hammarskiöld & Co as legal advisor to the Company in the transaction. Gernandt & Danielsson has acted as legal advisor to the financial advisors.


For more information, please contact:

Conny Ryk, CEO Vestum AB (publ)

Tel: +46 70 775 53 10

E-mail: conny.ryk@vestum.se

About Vestum

Vestum is a Swedish acquisition-driven company focused on acquiring and developing specialist companies within the construction services and infrastructure industries. Vestum is actively looking for high-quality companies with proven business models, strong market positions and predictable cash flows where Vestum can be involved and contribute to continued positive development.

For additional information, please visit: www.vestum.se

Vestum's share is traded under the short name VESTUM on Nasdaq First North Growth Market and the Company's Certified Adviser is G&W Fondkommission: phone: +46 (0)8 503 000 50, e-mail: ca@gwkapital.se.

The following documents can be retrieved from beQuoted
Victoria-Pressmeddelande-closed-books-ENG.pdf

Source: beQuoted
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