Tempcon Group successfully issues SEK 550 million senior secured bonds

Tempcon Group (“Tempcon” or the “Company”), a company majority owned by Accent and Sweden’s leading provider of temperature-controlled logistics, has successfully completed the issuance of SEK 550 million senior secured bonds maturing on 28 March 2029. The transaction attracted strong interest from investors, enabling the bonds to be priced at 3m STIBOR plus 525 basis points.

The net proceeds from the bond issuance will be used to refinance existing debt, finance repayment of shareholder loans, and support general corporate purposes of the Company, including acquisitions and investments. These initiatives will further support Tempcon’s continued growth and market leadership.

Tempcon offers comprehensive temperature-controlled logistics solutions across the entire value chain, including nationwide haulage, international forwarding, specialised frozen goods storage, and efficient last-mile delivery services for both B2B and B2C customers. The company maintains an extensive fleet of over 780 vehicles, including subcontractors.

– We are pleased and proud of the great interest in our bond from large and reputable investors. The proceeds from the issue will increase our strategic flexibility and contribute to the realization of our strategic plan,” says Christian Hallberg, President and CEO of Tempcon.

Pareto Securities and SEB acted as Joint Bookrunner in the transaction. Gernandt & Danielsson served as legal counsel to the Joint Bookrunners, while Mannheimer Swartling advised Tempcon Group.