AAK - MTN - sailing boat

MTN Program

MTN Program

AAK AB has established an MTN program (Medium Term Note) with a framework amount of SEK 4,000 million. The MTN program will allow AAK to issue bonds on the Swedish market and provides a complement to the Group’s existing funding structure.

On December 3, 2018, AAK AB issued a senior unsecured bond for a total of SEK 1.1 billion with a tenor of three years. The bond carries a floating interest rate of three months STIBOR plus 105 basis points. The transaction generated strong investor demand and was oversubscribed. Please find the press release here.

On March 15, 2019, AAK AB issued a senior unsecured bond for a total of SEK 500 million with a tenor of five years. The bond carries a floating interest rate of three months STIBOR plus 130 basis points. The transaction generated strong investor demand and was oversubscribed. Please find the press release here.

Base Prospectus

AAK has prepared a Base Prospectus, which has been approved and registered by the Swedish Financial Supervisory Authority.

AAK AB Base Prospectus 2018-11-28 (pdf)