| 01-16-2007 08:28 PM CET - Business, Economy, Finances, Banking & Insurance |
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direct/ ASSA ABLOY (SE) - ASSA ABLOY obtains USD 300 million financing from U.S. Institutional investors
Press release from: ASSA ABLOY (SE)
(openPR) - ASSA ABLOY has concluded a USD 300 million U.S. private placement with the assistance of Barclays Capital. The transaction was subscribed by a diverse group of investors and consisted of five tranches from 5 to 12 years in both fixed and floating rates notes.
"The deal is complementary to our first U.S. private placement deal executed in May 2005. The response from existing and new investors is very satisfactory. We have now established a long term financing structure for our business needs in the Americas at good conditions." says Tomas Eliasson, Executive Vice President and CFO.
Further information can be obtained from
Tomas Eliasson, Executive Vice President and CFO, tel: +46 8 506 485
Eddie Fransson, Corporate Treasurer, tel: +41 22 318 45 05
Martin Hamner, Director of Investor Relations and Group controller, tel: +46 8 506 485 79
Press release (PDF)
hugin.info/1014/R/1098366/195597.pdf
The announcement distributed by directnews.
The issuer is solely responsible for the content of this announcement.
"The deal is complementary to our first U.S. private placement deal executed in May 2005. The response from existing and new investors is very satisfactory. We have now established a long term financing structure for our business needs in the Americas at good conditions." says Tomas Eliasson, Executive Vice President and CFO.
Further information can be obtained from
Tomas Eliasson, Executive Vice President and CFO, tel: +46 8 506 485
Eddie Fransson, Corporate Treasurer, tel: +41 22 318 45 05
Martin Hamner, Director of Investor Relations and Group controller, tel: +46 8 506 485 79
Press release (PDF)
hugin.info/1014/R/1098366/195597.pdf
The announcement distributed by directnews.
The issuer is solely responsible for the content of this announcement.
News-ID: 14571
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The updates are fast and the finished release looks appealing and is clearly legible.
Even with 16 years of experience one discovers new things from time to time.
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