The Traderszone Network

Published in TZ Latest News 16 December, 2021 by The TZ Newswire Staff

Fingerprint Cards AB (publ) successfully issues SEK 300 million in senior secured bonds to further accelerate growth

Fingerprint Cards AB (publ) (“Fingerprints” or the “Company”) has successfully raised SEK 300 million through the issuance of senior secured bonds with a three-year tenor and a floating interest rate of Stibor 3 months + 9.0% per annum under a framework of SEK 500 million (the “Bonds” and the “Bond Issue”). The net proceeds from the Bond Issue will be applied towards general corporate purposes, including investments in working capital and R&D to further accelerate growth. The Company will apply to have the Bonds admitted to trading on the corporate bond list of Nasdaq Stockholm.