Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Sweden
  4. Nasdaq Stockholm
  5. Sandvik AB
  6. News
  7. Summary
    SAND   SE0000667891

SANDVIK AB

(SAND)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Sandvik raises EUR 500 million in the corporate bond market

11/19/2021 | 02:01am EST

Sandvik has raised EUR 500 million in the corporate bond market under its Euro Medium Term Note (EMTN) program. The re-offer yield for the bond was 0.47% with a maturity date of November 25, 2028, corresponding to mid swaps 0.45 percentage points. 

The bond offering was oversubscribed 4 times, and the transaction was placed with more than 110 investors. 

The bonds will be listed on the official list of Luxembourg Stock Exchange. The background for the transaction is to refinance maturing loans and general corporate purposes.

Deutsche Bank, Citigroup, Crédit Agricole CIB and SEB acted as joint bookrunners for the transaction.

Stockholm, November 19,  2021

Sandvik AB

For further information, contact Louise Tjeder, VP Investor relations, phone: +46 (0) 70782 6374 or Johannes Hellström, Press and Media Relations Manager, phone: +46 (0) 70721 1008.

----------------------------------------------------------------------------------------------------------------------------
Sandvik Group
Sandvik is a high-tech and global engineering group offering products and services that enhance customer productivity, profitability and sustainability. We hold world-leading positions in selected areas - tools and tooling systems for metal cutting; equipment and tools, service and technical solutions for the mining industry and rock excavation within the construction industry; products in advanced stainless steels and special alloys as well as products for industrial heating. In 2020 the Group had approximately 37,000 employees and revenues of about 86 billion SEK in more than 160 countries within continuing operations.

https://news.cision.com/sandvik/r/sandvik-raises-eur-500-million-in-the-corporate-bond-market,c3456909

https://mb.cision.com/Main/208/3456909/1498695.pdf

(c) 2021 Cision. All rights reserved., source Press Releases - English

All news about SANDVIK AB
01/05Sandvik receives record order for AutoMine solutions
AQ
01/05SANDVIK : Invitation - presentation of Sandvik's report of the fourth quarter 2021
PU
01/05Invitation - presentation of Sandvik's report of the fourth quarter 2021
AQ
01/04Sandvik Receives $44 Million Order From Chilean Miner
MT
01/04Sandvik receives record order for AutoMine« solutions
AQ
01/04Sandvik Receives Record Order for Automine« Solutions
CI
2021More than 50,000 Finnish industrial workers threaten to strike over wage dispute
RE
2021Sandvik Buys US-Based Dimensional Control Systems
MT
2021Sandvik Unit Wins $110 Million Tunneling Equipment Contract
MT
2021Sandvik acquires quality management software provider Dimensional Control Systems
AQ
More news
Analyst Recommendations on SANDVIK AB
More recommendations
Financials
Sales 2021 96 944 M 10 752 M 10 752 M
Net income 2021 14 170 M 1 572 M 1 572 M
Net Debt 2021 17 406 M 1 930 M 1 930 M
P/E ratio 2021 21,8x
Yield 2021 2,19%
Capitalization 310 B 34 484 M 34 432 M
EV / Sales 2021 3,38x
EV / Sales 2022 2,83x
Nbr of Employees 42 090
Free-Float -
Chart SANDVIK AB
Duration : Period :
Sandvik AB Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SANDVIK AB
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 22
Last Close Price 247,50 SEK
Average target price 265,95 SEK
Spread / Average Target 7,46%
EPS Revisions
Managers and Directors
Stefan Widing President, Chief Executive Officer & Director
Cecilia Felton Chief Financial Officer & VP-Group Control
Johan Molin Chairman
Jennifer Margaret Allerton Independent Director
Claes G÷sta Boustedt Independent Director
Sector and Competitors
1st jan.Capi. (M$)
SANDVIK AB-2.02%34 484
ATLAS COPCO AB-7.06%74 974
PARKER-HANNIFIN CORPORATION2.77%42 015
FANUC CORPORATION-6.91%38 239
TECHTRONIC INDUSTRIES COMPANY LIMITED-10.18%32 847
STANLEY BLACK & DECKER, INC.3.61%31 408