Dometic has today issued EUR 300 million on the European bond market. The bond was issued with a 7-year maturity at a fixed rate of 2,00 percent. The issue is the third EUR tranche in Dometic’s EMTN (Euro Medium Term Note) program with a total limit of EUR 1,5 billion.
“We are pleased with the success of our third Eurobond issue on the European bond market, where we have attracted a broad investor base with 75% of the investors in Germany, UK, Netherlands, and France. We continue our effort to expand the sources of Dometic’s financing and expect to continue to utilize the Eurobond market going forward”, says Dometic’s Chief Financial Officer Stefan Fristedt.
Dometic is a global market leader in branded solutions for mobile living in the areas of Food & Beverage, Climate, Power & Control, and Other Applications. Dometic provides products and solutions for use in recreational vehicles, pleasure boats, workboats, trucks, premium cars, outdoor activities as well as for home and professional use. Dometic is organized in four Segments: Segments Americas, EMEA, APAC, and Global. Segment Global consists of sub-segment Marine and sub-segment Other Global Verticals.
For more information on Dometic, please visit: http://www.dometic.com.