Sinch AB (publ): Sinch issues bonds of SEK 750 million
Stockholm, Sweden – Sinch AB (publ) – XSTO: SINCH
Sinch AB (publ), a global leader in cloud communications for mobile customer engagement, has today successfully issued senior unsecured bonds in the total amount of SEK 750 million. The bonds have a tenor of 5 years and a floating interest rate of 3 months STIBOR plus 250 bps. The transaction generated strong investor interest and the issue was oversubscribed.“We are very pleased with the strong interest from leading financial institutions who value Sinch’s long-term growth, healthy profitability, and strong credit worthiness”, comments Sinch CFO Roshan Saldanha.Danske Bank and Handelsbanken have acted as Joint Bookrunners in the bond issue. For further information, please contact