Bayn Group AB (publ) (the "Company") has mandated Carnegie Investment Bank as Sole Bookrunner to arrange a number of investor meetings with selected Nordic bond investors to explore the potential for the Company to issue senior secured corporate bonds of SEK 100,000,000 under a framework of SEK 500,000,000. A company presentation will be held at 09.00 on Wednesday, December 16, 2020. The net proceeds from the intended issue will increase the Company's financial preparedness and be used to finance future acquisitions and general corporate purposes. The issue is expected to take place in the near future if market conditions are deemed favorable.
For further information, please contact:
Simon Petrén, Deputy CEO, Bayn Group AB
Phone: +46 70 999 94 55
E-mail: simon.petren@bayngroup.com
The information in this press release was published through the agency of the contact person set out above, at the time stated by Bayn Group's news distributor Cision at the publication of this press release.
About Bayn Group
Bayn Group is a Swedish foodtech group, supplying cutting edge and healthy sugar reduction solutions for the food and beverage industry. Bayn's ingredient solutions, refined through scientific research and extensive market experience, facilitate new formulations and recipes that improve the taste and texture of the next generation of sugar-and calorie reduced products.
For more information www.bayngroup.com
Bayn is listed on Nasdaq Stockholm, First North Growth Market, under the ticker BAYN
FNCA Sweden AB is Bayn's certified adviser. Tel: 08-528 00 399 E-mail: info@fnca.se
