Nimbus Group AB (publ) refrains from issuing senior secured bonds in accordance with the terms communicated in press release from March 12, 2024. The reason is that the conditions that the market can currently offer are not attractive enough for the company. “After examining the market, we have arrived at the conclusion that the terms offered are not attractive enough in relation to our need to issue bonds”, Jan-Erik Lindström, CEO of Nimbus Group AB, says.
As stated in the company´s press release from March 12, one of the reasons for issuing bonds was to create the right financial conditions needed to support the company’s continued growth.
“We have a pronounced growth strategy and in recent years we have grown strongly both organically and through acquisitions of boat manufacturers and dealerships. Our ambition is to continue to grow, and we have already established a very good position in the market. We will continue to implement our strategy within the premium segment and act when good opportunities arise”, Jan-Erik Lindström says.