Opus announced that it has successfully issued new Taxable Corporate Notes, commonly known as Letter of Credit (L/C) backed bonds, in the U.S. at a total value of USD 60 million. The proceeds from the transaction will be used mainly for the early redemption of the "SEK 500 million 2016/2021 bonds (ISIN SE0008374425)", as communicated on January 4, 2019. The L/C backed bonds of USD 60 million carry a variable short-term taxable interest rate, in line with LIBOR 7 days. The L/C backed bonds are guaranteed through a letter of credit issued by Swedbank AB (publ), New York Branch. The letter of credit has a maturity of three years and is extendable upon agreement. The maturity under the framework of the L/C backed bonds is 15 years. The bonds may be prepaid by Opus, in whole or in part, at no additional cost.