Capital/Financing Update • Nov 11, 2009
Capital/Financing Update
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Stockholm, November 11, 2009
In October 2009, Investor AB launched a tender offer to repurchase a public bond maturing in 2012. The total amount being repurchased is EUR 320 m. The bond is being refinanced by a public bond with a maturity of 12 years, totaling EUR 500 m. The tender and subsequent new issue, which was heavily oversubscribed, takes advantage of current favorable market conditions to extend the debt maturity profile. Following the successful transaction, the average maturity of our debt has increased to more than 13 years from previously 12 years. A similar transaction was made in 2007.
Oscar Stege Unger, Head of Corporate Communications, Phone +46 8 614 2059, +46 70 624 2059
Magnus Dalhammar, Investor Relations Manager, Phone +46 8 614 2130, +46 735 24 2130
Our press releases can be accessed at www.investorab.com
Investor AB is a Nordic-based industrial holding company founded almost one hundred years ago by the Wallenberg family. Today we have investment activities in Europe, the United States and Asia. The business concept is to generate attractive long-term returns for our shareholders by owning and developing companies with solid potential for value creation. We are an engaged owner and apply experience, knowledge and a unique network to develop listed and unlisted companies to make them best-in-class.
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