Sandvik raises 500 million euros in the corporate bond market News

SANDWIKEN, Sweden, May 31, 2022 / PRNewswire / – Sandvik raised today 500 million euros in the corporate bond market under the Euro Medium-Term Notes (EMTN) program. The yield on the re-offer on bonds was 2.26% with the maturity date June 7, 2027corresponding to an average swap of + 0.73 percentage points.

The bond placement was overstated 3 times and the deal was made involving more than 60 investors.

The bonds will be listed on the official list of the Luxembourg Stock Exchange. The purpose of the issue is to refinance loans with maturity and general corporate goals.

JP Morgan, Société Générale, Nordea and MUFG acted as joint book sponsors.

Stockholm, May 31, 2022

Sandvik AB

Contact for more information Louise ZederVP Investor Relations, phone: +46 (0) 70782 6374 or Johannes Helström, Press and Media Relations Manager, phone: +46 (0) 70721 1008.

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