MTN Programme

Investment AB Latour has established an MTN programme with a framework of SEK 10 billion, or equivalent in EUR, that provides the opportunity to issue bonds in the capital market.

The base prospectus for the MTN programme was established in February, 2018, with a framework of SEK 4 billion, which has been increased in two steps and now amounts to SEK 10 billion. The base prospectus has been updated, approved and registered annually by the Swedish Financial Supervisory Authority (Finansinspektionen). The base prospectus contains information of the company as well as general terms and conditions for bonds issued under the program.

  • Three bond loans were issued on 7 March, 2018, of in total SEK 2,500 m.
    • The first bond loan amounts to SEK 1,000 m with a tenor of 4 years and carries a floating interest rate of three months STIBOR + a margin of 0.70 per cent annually.
    • The other two bond loans were issued with a tenor of 2 years. One amounts to SEK 750 m and carries a floating interest rate of three months STIBOR + a margin of 0.40 per cent annually. The other loan amounts to SEK 750 m and carries a fixed rate of 0.24 per cent annually.
  • One bond loan was issued on 8 May, 2018, of SEK 600 m.
    • The bond loan was issued with a tenor of 2.5 years and carries a fixed rate of 0.36 per cent annually.
  • One bond loan was issued on 17 September, 2019, of SEK 900 m.
    • The bond loan was issued with a tenor of 5 years and carries a fixed rate of 0.878 per cent annually.
  • Two bond loans was issued on 13 November, 2019, of SEK 2,000 m.
    • The first bond loan amounts to SEK 1,100 m with a tenor of just over 3 years and matures on March 27, 2023, and carries a floating interest rate of three months STIBOR + a margin of 0.52 per cent annually.
    • The second bond loan amounts to SEK 900 m with a tenor of just over 5 years and matures on March 27, 2025, and carries a floating interest rate of three months STIBOR + a margin of 0.82 per cent annually.
  • One bond loan was issued on March 3, 2020, of SEK 1,750 m.
    • The bond loan was issued with a tenor of 18 months and carries a floating interest rate of three months STIBOR + a margin of 0.40 per cent annually.
  • One bond loan was issued on March 5, 2020, of SEK 750 m.

    • The bond loan was issued with a tenor of 5.5 years and carries a fixed interest rate 1.048 per cent annually.