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Gränges — Report Publication Announcement 2022
Sep 23, 2022
3055_rns_2022-09-23_4a6e1c67-0e0d-4445-b14d-cb0fcb17a478.pdf
Report Publication Announcement
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PRESS RELEASE 23 September 2022 13:35:00 CEST
Gränges publishes an updated MTN prospectus
In 2018, Gränges established an MTN program (Medium Term Notes) for loans on the capital market. The MTN program has a framework amount of SEK 3 billion for loans in SEK or EUR with a tenor of minimum one year. To support Gränges' sustainability ambitions and goals, Gränges published a combined framework for green and sustainability-linked financing in 2021, to allow for the issuance of green bonds and sustainability-linked bonds under the MTN program.
In relation to the MTN program, Gränges published a base prospectus on 30 August 2018, subject to annual update. For this reason, Gränges has updated the base prospectus, which today, on 23 September, has been approved by and registered with the Swedish Financial Supervisory Authority (SFSA/Sw. Finansinspektionen). The updated MTN prospectus is available on Gränges' website www.granges.com and on SFSA's website www.fi.se.
For further information, please contact:
Oskar Hellström, CFO and Deputy CEO [email protected], phone: +46 8 459 59 00
Gustav Mårtensson, VP Group Treasury [email protected], phone: + +46 706 44 80 15
About Gränges
Gränges is an aluminium technology company who drives the development of lighter, smarter, and more sustainable aluminium products and solutions. The company offers advanced materials that enhance efficiency in the customers' manufacturing process and the performance of the final products. Gränges' innovative engineering has transformed the industry for more than 125 years, and the company holds leading positions in rolled products for thermal management systems, speciality packaging and selected niche applications. Gränges has production facilities and conducts sales on three continents, Asia, Europe, and Americas. The total annual production capacity amounts to 570 ktonnes. Gränges has 2,650 employees and the share is listed on Nasdaq Stockholm. More information is available at www.granges.com.