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UK Aspipre Global plc (“Aspire”) issued on 3 April 2018 a senior secured floating rate bond with a nominal amount of up to EUR 80,000,000 on the Swedish market.
The bond has a 3-year maturity and a floating rate of EURIBOR (3 months) plus 7 per cent per annum. The bond loan proceeds will be used for general corporate purposes, including acquisitions, investments and other strategic transactions. Aspire will apply for the loan to be listed on NASDAQ Stockholm.
Intertrust (Sweden) AB has been appointed by Aspire to act as agent for the bondholders.
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