STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
Electrolux (STO:ELUXA) (STO:ELUXB) today issued a EUR 100 million bond loan under its EMTN (Euro Medium Term Note) program.
The bond loan is issued on December 5, 2014, with a maturity on December 5, 2019. The loan is issued at fixed rate and carries a coupon of 1.00% annually.
The bond will be listed on the Luxembourg Stock Exchange. The proceeds of the offering will be used for general corporate purposes.
Detailed information on the bond loan and terms of the issuance is found on the Group’s web site at http://www.electrolux.com/long-term-bond-issues/.
Electrolux discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 11.00 CET on December 5, 2014.
Electrolux is a global leader in home appliances, based on deep consumer insight and developed in close collaboration with professional users. We offer thoughtfully designed, innovative solutions for households and businesses, with products such as refrigerators, dishwashers, washing machines, cookers, vacuum cleaners, air conditioners and small domestic appliances. Under esteemed brands including Electrolux, AEG, Zanussi, Frigidaire and Electrolux Grand Cuisine, the Group sells more than 50 million products to customers in more than 150 markets every year. In 2013, Electrolux had sales of SEK 109 billion and 61,000 employees. For more information go to http://group.electrolux.com.
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