Dometic Group AB has today issued EUR 300 million on the European bond market. The bond was issued with a five-year maturity at a fixed rate of 3,00 per cent.
The issue is the first tranche in Dometic's newly established EMTN (Euro Medium Term Note) program totalling EUR 1,5 billion.
'We are very pleased with the success of our first Eurobond issue on the European bond market. The Eurobond issue is an important step in our effort to broaden the sources of Dometic's financing. We expect to continue to utilize the Eurobond market going forward', says Dometic's Chief Financial Officer Per-Arne Blomquist.
FOR FURTHER INFORMATION, PLEASE CONTACT
Johan Lundin, Head of Investor Relations & Communications
Phone: +46 8 501 025 46, Email: ir@dometic.com
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Dometic Group AB published this content on 06 September 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 06 September 2018 19:06:06 UTC
Dometic Group AB publ is a Sweden-based company that manufactures and supplies mobile leisure products for recreational vehicles, such as motorhomes and caravans, and marine, commercial and passenger vehicles. Its products include awnings, air conditioners, refrigerators, ovens, stoves, windows, lights, doors, sanitation systems, generators, sinks, cooktops, portable fridges and freezers, holding tanks, ovens, sinks, cool boxes, dishwashers, grills, inverters, safes, vacuum cleaners, generators, battery charging systems, wine coolers, and minibars, among others. Its products are sold through multiple distribution channels in around 100 countries under the brands: Dometic, WAECO, Marine Air, Cruisair, Condaria, SeaLand and Mobicool. The Company operates production facilities in Asia, Europe and the United States