Pricer

Pricer AB (publ) (“Pricer” or the “Company”) today announced that it has mandated Nordea Bank Abp as Sole Bookrunner to arrange credit investor meetings commencing on 3 December 2024 to explore the possibility to issue floating rate SEK denominated senior unsecured bonds, with an expected initial volume of SEK 250 million within a framework of SEK 500 million with a tenor of three years from the first issue date. A capital transaction in form of a bond issuance may follow, subject to market conditions.

The proceeds from the potential bond issue will be used to refinance the Company’s existing bonds of SEK 250 million and finance general corporate purposes.

In the event a bond issue occurs, the Issuer intends to enter into a new revolving credit facility with Nordea Bank Abp, to replace the Company’s existing revolving credit facility.

For further information, please contact:
Magnus Larsson, President and CEO, +46 704 316851
Claes Wenthzel, Acting CFO, +46 70 862 01 22
info@pricer.com

This information is information that Pricer AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 07.30 CET on 3 December, 2024.

About Pricer

Pricer is a leading global technology company serving the rapidly growing smart retail market with in-store digital solutions that enhance both store performance and the shopping experience. Through electronic shelf labels, advanced technology, such as optical wireless communication and AI, and continuous innovation, Pricer offers the foundation for in-store communication and efficiency. The industry-leading Pricer platform delivers benefits from 30 years of deployment experience and is fast, robust, interconnectable and scalable. Pricer was founded in Sweden in 1991 and is listed on Nasdaq Stockholm. For further information, please visit  www.pricer.com