Opus Group has issued a bond of SEK 200 million in the Swedish bond market as part of the funding for the acquisition of Envirotest

Regulatory News:

Today, Opus Group AB (publ.) (STO:OPUS) successfully issued a five year senior SEK 200 million unsecured bond within the frame of SEK 500 million, maturing on 20 November 2018. The bond replaces the short-term credit facility of SEK 200 million that was part of the funding package for the acquisition of Envirotest Systems Holdings Corp. The bond has a coupon of 3 month STIBOR + 4.0%. Opus Group will apply for the bond to be listed on NASDAQ OMX Stockholm. Swedbank AB (publ) has acted as the sole book runner.

"We have now issued a bond to replace the short-term credit facility we received from Swedbank that was part of the initial funding package for the acquisition of Envirotest Systems Holdings Corp. With the issuance of this bond, another building block of the funding for the acquisition has now been completed. Regarding the funding, all that remains is to execute the rights issue that is guaranteed by subscription and guarantee commitments”, says Magnus Greko, President and CEO of Opus Group AB.

Opus Group is a leading company in vehicle inspection technology and vehicle inspection program operations.  The Group has two main business areas which are vehicle inspection and equipment.  Opus Group is one of the market leaders in vehicle inspection operations in the US and Sweden.  Opus Bilprovning has 71 vehicle inspection stations in Sweden.  Opus Inspection operates vehicle inspection programs in the U.S., Bermuda, and Peru and is active in sales and service of emission control equipment in North America and Mexico.  Through the subsidiaries, Opus Equipment and J&B Maskinteknik, Opus Group conducts production, sales, and service of vehicle inspection equipment for vehicle inspection companies and vehicle workshops.  Opus Group’s revenues amounted to approximately SEK 469 million in 2012.  Opus Group’s shares are listed on Nasdaq OMX Stockholm.

FFFS 2007:17 (10 kap 11§) (SFSA rules) - the information is price sensitive and must therefore be disclosed under the Securities Market Act (2077:528).

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