SKF completes EUR 255m buy-back of bonds maturing 2020 and 2022, updates financial net
2019 November 07, 08:30 CET
Gothenburg, 7 November 2019: SKF has completed the buy-back of EUR 51 million and EUR 204 million of outstanding bonds maturing in 2020 and 2022 respectively.
Financial net for Q4 2019 is now expected to be approximately SEK -360 million, compared to the Group’s previous guidance of SEK -250 million.
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