Björn Borg issues five-year, SEK 200 million bond loan

Björn Borg issues a five-year senior unsecured bond loan of SEK 200 million. The offer was fully subscribed after broad interest from both private individuals as well as institutional investors. The bonds have a coupon of three-month STIBOR plus 3,25% and mature in April 2017. Björn Borg will apply for a listing of the bonds on NASDAQ OMX Stockholm.

“The capital raised will lead to an increased financial flexibility and preparedness for the future development of Björn Borg and our growth ambitions within both current as well as future projects. At the same time, the proceeds from the bond loan provide us with increased capacity to maintain a high and stable dividend level until the annual additional consideration for the acquisition of the trademark Björn Borg terminates in 2016,” says Chairman of the Board Fredrik Lövstedt.

Carnegie Investment Bank has served as advisor and arranger in connection with the issue, and Advokatfirman Cederquist has been legal advisor.

For further information, please contact:
Fredrik Lövstedt, Chairman of the Board, telephone +46-708-59 54 80,
Arthur Engel, CEO, telephone +46-8-506 33 700,
Magnus Teeling, CFO, telephone +46-8-506 337 64,

Björn Borg AB
Tulegatan 11
SE-113 53 Stockholm, Sweden

Björn Borg is required to make public this information in accordance with the Swedish Securities Market Act and/or the Financial Instruments Trading Act. The information was released for publication on March 30, 2012 at 1.30 pm (CET).

Tags & categories

Summer getaway ☀️

#bjornborg #TrainToLive
Timeless pieces for every occasion. Explore the Centre Collection.

#bjornborg #TrainToLive
At the beach or in the city, your companion for both.

#bjornborg #TrainToLive
Summer essentials.

#bjornborg #TrainToLive
Postcard from Österlen, Sweden. 

#bjornborg #TrainToLive
Sustainability humble bragging. More to come. We never stop.
For the full highlights from the report,

#bjornborg #TrainToLive
Essentials for the summer getaway.

#bjornborg #TrainToLive
We’re calling it, this is the color of summer ‘24.

#bjornborg #TrainToLive
@linneawidmark in Seamless Set, color Diva Pink.

#bjornborg #TrainToLive
Sunday activities.


#bjornborg #TrainToLive