Saturday, June 22, 2024 In 2021, Scandic Hotels Group AB (publ) (“Scandic”) issued convertible bonds totaling SEK 1,800 million. Convertible bonds amounting to SEK 176.5 million have been converted into shares.
Following this conversion, the total nominal amount of the outstanding convertible bonds is SEK 992.8 million. Scandic is the leading hotel company in the Nordic countries, featuring a network of approximately 280 hotels with 58,000 rooms in operation and under development across over 130 destinations.
Renowned for integrating sustainability into all aspects of its operations, Scandic’s award-winning Design for All concept ensures accessibility for everyone. Beloved by guests and employees alike, the Scandic Friends loyalty program is the largest in the Nordic hotel industry, and the company is recognized as one of the region’s most attractive employers. In 2021, Scandic Hotels Group AB (publ) (“Scandic”) issued convertible bonds totaling SEK 1,800 million.
Out of this, bonds amounting to SEK 176.5 million have been converted into shares. As a result, the total nominal amount of the outstanding convertible bonds now stands at SEK 992.
8 million. Scandic is the leading hotel company in the Nordic countries, featuring a network of approximately 280 hotels with 58,000 rooms in operation and under development across over 130 destinations. Renowned for integrating sustainability into all aspects of its operations, Scandic’s award-winning Design for All concept e.
