Lifco updates its MTN program of SEK 6 billion and publishes an updated base prospectus
Lifco has updated the base prospectus for the company’s MTN program (Medium Term Notes) where the framework amount has been increased from SEK 5 billion to SEK 6 billion. The MTN program will provide the opportunity to issue bonds in the Swedish market.
The Swedish Financial Supervisory Authority has today approved and registered the updated Swedish language base prospectus. The prospectus is available on Lifco’s website lifco.se.
SEB is the lead bank for the MTN program and will together with Danske Bank participate as issuing agent. Advokatfirman Vinge has acted as legal advisor to Lifco.
Lifco offers a safe haven for small and medium-sized businesses. Lifco’s business concept is to acquire and develop market-leading niche businesses with the potential to deliver sustainable earnings growth and robust cash flows. Lifco is guided by a clear philosophy centred on long-term growth, a focus on profitability and a strongly decentralised organisation. The Group has three business areas: Dental, Demolition & Tools and Systems Solutions. At year-end 2021, the Lifco Group consisted of 198 operating companies in 31 countries. In 2021, Lifco reported EBITA of SEK 3.7 billion on net sales of SEK 17.5 billion. The EBITA margin was 21.2 per cent. Read more at www.lifco.se.