Electrolux: launches two EMTN notes

(CercleFinance.com) - Electrolux launched two euro medium-term notes for a total of 1.
5 billion Swedish kronor (about 140 million euros).

The two loans, of 750 million Swedish kronor each, mature in November 2024, the Swedish home appliance maker said in a statement.

One loan is issued at a fixed rate and bears an annual coupon of 0.885%, while the other has a floating interest rate.

The proceeds will be used for general corporate purposes, Electrolux added.

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