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Vimian Group AB Plans EUR 125 Million Bond Issuance

Story Highlights
  • Vimian is a global animal health company specializing in Specialty Pharma, MedTech, Veterinary Services, and Diagnostics.
  • Vimian plans to issue a EUR 125 million bond to refinance debt and support corporate activities.
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Vimian Group AB ( (SE:VIMIAN) ) has provided an update.

Vimian Group AB is considering issuing a senior unsecured bond to raise EUR 125 million, with a potential framework of EUR 250 million, subject to market conditions. The proceeds will be used to refinance existing debt and support corporate activities, including acquisitions and investments, potentially impacting its financial strategy and market positioning.

More about Vimian Group AB

Vimian is a global animal health company specializing in four key areas: Specialty Pharma, MedTech, Veterinary Services, and Diagnostics. Headquartered in Stockholm, Sweden, the company serves over 17,000 veterinary clinics and laboratories across more than 80 markets, employing 1,200 people with annual revenues of approximately EUR 375 million.

Average Trading Volume: 474,099

Current Market Cap: SEK19.38B

See more insights into VIMIAN stock on TipRanks’ Stock Analysis page.

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