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.
In January 2013, the Swedish Government decided to introduce congestion taxation in the Gothenburg region. In January 2015, they decided to add it to the Stockholm region as well. The purpose of this taxation is to make the streets easily passable, to ensure a better environment and to cover expenses related to the vast infrastructure at traffic bottlenecks.
