Scan Global Logistics continues to grow. Revenues in 2014 were up 17% over 2013 and Operating Profits (EBITDA) increased by more than 50%. For the coming years the company plans to strengthen its network further by opening up for acquisitions in key markets.
Scan Global Logistics successfully raises DKK 375 million in a senior secured bond
On June 17, Scan Global Logistics Holding ApS (“Scan Global”) successfully placed a DKK 375 million senior secured bond loan. The bonds, maturing in 2018, will bear a floating coupon of 3 months Cibor +7.00% (paid quarterly). The proceeds from the bond issue will be used to refinance existing debt. The bonds will be listed on NASDAQ within one year from the issue date.
