AAK AB has issued, at attractive levels, 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 97 basis points. The proceeds from the bond issue will be used to finance AAK’s recent acquisition in Europe, the increased ownership in AAK Kamani in India, capacity investments, and to diversify the company’s debt structure. AAK AB established an MTN program (Medium Term Note) in November 2018 with a framework amount of SEK 4,000 million. In addition to the above-mentioned bond, the company
