Vitec issues senior unsecured notes of SEK 1,000 million

THE INFORMATION IN THIS PRESS RELEASE AND DOCUMENTS REFERENCED HEREIN MAY NOT BE RELEASED, PUBLISHED OR DISTRIBUTED, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES (OR TO ANY U.S. PERSON) OR ANY OTHER JURISDICTION WHERE SUCH ACTION WOULD BE UNLAWFUL OR SUBJECT TO LEGAL RESTRICTIONS, EXCEPT IN ACCORDANCE WITH APPLICABLE EXEMPTIONS.

Vitec Software Group AB (publ) (“Vitec”), a leading provider of vertical software, has successfully issued senior unsecured notes of SEK 1,000 million with a tenor of 4 years under its existing MTN programme.

The notes carry a floating rate and were issued at a margin of 1.40% against three months STIBOR. The transaction received very strong investor demand.
 
The proceeds from the notes issue will be used for general corporate purposes, including partial refinancing of existing bank loans. Vitec will apply for the notes to be admitted to trading on Nasdaq Stockholm's Corporate Bond List.
 
The base prospectus relating to Vitec’s MTN programme, the final terms relating to the notes issue and related documents are available on Vitec’s website at https://www.vitecsoftware.com/en/investors-press/.
 
Nordea and SEB acted as Joint Lead Managers and Snellman Advokatbyrå AB acted as legal adviser in connection with the notes issue.

Datum 2025-02-12, kl 16:00
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