The Swedish Financial Supervisory Authority (Sw. Finansinspektionen) approved and registered BillerudKorsnäs’ prospectus in connection with the establishment of the company’s Swedish Medium Term Note program (MTN). The program has a limit of SEK 5 billion ($777 million) and enables BillerudKorsnäs to issue bonds on the Swedish market.

Packaging

BillerudKorsnäs establishes bond program

Mar 14, 2013. /Lesprom Network/. The Swedish Financial Supervisory Authority (Sw. Finansinspektionen) approved and registered BillerudKorsnäs’ prospectus in connection with the establishment of the company’s Swedish Medium Term Note program (MTN). The program has a limit of SEK 5 billion ($777 million) and enables BillerudKorsnäs to issue bonds on the Swedish market, as the company said in a press release received by Lesprom Network. 

“The program is a natural step to create flexilibity in our debt portfolio and enable efficient funding”, says Susanne Lithander, CFO BillerudKorsnäs.

BillerudKorsnäs offers packaging manufacturers and brand owners added value in the form of brand-reinforcing, productivity-enhancing and environment-conserving packaging solutions.