RAMIRENT PLC COMPANY ANNOUNCEMENT 14 MARCH 2013, 17.00 EET
Ramirent Plc issues a EUR 100 million senior unsecured bond. The six-year bond matures on 21 March 2019 and carries a fixed annual interest at the rate of 4.375 per cent.
The bond offering was oversubscribed significantly and allocated to approximately 60 investors. Application will be made to have the bond listed on NASDAQ OMX Helsinki.
“We are delighted with this successful inaugural 6-year bond issue and the confidence credit investors have shown in the company. This bond issue extends the maturity profile of Ramirent’s debt portfolio and diversifies our financing base”, says Jonas Söderkvist, CFO of Ramirent Group.
The proceeds from the bond offering will be used for general corporate purposes.
Danske Bank and SEB acted as joint bookrunners for the transaction.
Further information is available from Jonas Söderkvist, CFO, telephone +358 20750 3248, and Petteri Järvinen, Group Treasurer, telephone +358 20750 2849.
RAMIRENT PLC
Franciska Janzon
Director, Corporate Communications
DISTRIBUTION
NASDAQ OMX Helsinki
Main news media
Ramirent is a leading equipment rental group delivering Dynamic Rental Solutions™ that simplify business. We serve a broad range of customers, including construction and process industries, shipyards, the public sector and households. In 2012, the Group’s net sales totalled EUR 714 million. The Group has 3,000 employees at 358 customer centres in 13 countries in the Nordic countries and in Central and Eastern Europe. Ramirent is listed on the NASDAQ OMX Helsinki Ltd.