Press release

Netel contemplates issuance of senior unsecured bonds

Netel Holding AB (publ) (“Netel”) has mandated Skandinaviska Enskilda Banken AB (publ) (“SEB”) to arrange investor meetings to explore the possibility of issuing SEK denominated senior unsecured bonds. A capital markets transaction will follow, subject to inter alia market conditions.

Netel has mandated SEB as sole bookrunner to arrange a series of investor meetings commencing on 12 May 2025 to explore the possibility to issue senior unsecured floating rate bonds with a tenor of three years and with an expected initial issue amount of SEK 850 million, within a framework of SEK 1,500 million (the “Bonds”). The net proceeds from the Bonds will be applied towards refinancing of Netel’s existing debt facilities and general corporate purposes of the group.

Linklaters Advokatbyrå acts legal advisor to Netel and Gernandt & Danielsson Advokatbyrå acts as legal advisor to SEB in connection with the bond issue.

About us

With 25 years of experience, Netel is a leader in the development and maintenance of critical infrastructure within Infraservices, Power and Telecom in Northern Europe. We are involved in the entire value chain from design, production and maintenance of our customers' facilities. We are dedicated to securing an accessible and reliable future, where technology unites and transforms society. Netel reported net sales of SEK 3,300 million in 2024 and the number of employees in the group is about 840. Netel is listed on Nasdaq Stockholm since 2021. Read more at netelgroup.com.

Contacts

Jeanette Reuterskiöld, President and CEO, +46 (0) 702 28 03 89, jeanette.reuterskiold@netel.se
Fredrik Helenius, CFO, +46 (0) 730 85 52 86, fredrik.helenius@netel.se
Åse Lindskog, IR, +46 (0) 730 24 48 72, ase.lindskog@netelgroup.com

This information is information that Netel Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2025-05-09 09:15 CEST.