Sponda has issued a €150 mln senior unsecured bond with a life term of five years and a fixed annual coupon of 3.375%.

Sponda has issued a €150 mln senior unsecured bond with a life term of five years and a fixed annual coupon of 3.375%.

The bond, to be listed on the Helsinki stock exchange, was allocated to 64 investors and the bond offering was significantly oversubscribed.

The proceeds from the offering will be used to repay existing debt and for general corporate purposes, the company said.

Danske Bank and SEB acted as joint lead managers and bookrunners for the transaction.