SGL Group secures EUR 300 million in new debt financing to support acquisition costs and general corporate purposes, including the refinancing of existing financial indebtedness.
SGL Group ApS has successfully secured EUR 300 million in funding through a new senior secured bond issuance. The capital raised is earmarked for strategic purposes, including the partial financing of an acquisition, transaction costs, and general corporate needs such as refinancing existing debt.
The proceeds will be used to partly finance an acquisition, pay transaction costs, and support general corporate purposes including debt refinancing.
The settlement of the bond issue is expected to occur on or about 20 November 2026.
This ISIN represents the newly issued senior secured bonds by SGL Group ApS, which carry a five-year tenor. The bonds were priced at 97% of par, reflecting the market's assessment of the company's credit profile and the floating rate structure of EURIBOR plus 640 bps.
The bonds carry a floating interest rate of 3-month EURIBOR plus 640 basis points per annum.
The bonds have a tenor of five years.
SGL Group ApS has successfully completed a EUR 300 million senior secured bond issuance, priced at 97% of par. The five-year notes carry a floating interest rate of 3-month EURIBOR plus 640 basis points, with settlement expected by 20 November 2026.
The proceeds will be used to partially finance an acquisition, cover transaction costs, and support general corporate purposes, including the refinancing of existing debt.