Associated tags: Pet, FBA, Sport, Security (finance), EU, Amazon, ISIN, SEK, Go North, The Group, PETS, EBITDA
Locations: SWEDEN, ASIA, , EUROPE
Go North Group AB (Publ) announces its first reported profitable quarter, contributing a positive EBITA of KSEK 871 in Q4, 2022
Key Points:
- Go North Group AB (Publ) announces its first reported profitable quarter, contributing a positive EBITA of KSEK 871 in Q4, 2022
Go North Group AB (publ) AB, 559252-2188
Go North is positioned to become the global leader in the Amazon Marketplace category.
- Every fundraising round during 2022 has been oversubscribed (both equity and debt) and we see continuous strong interest from new potential investors.
- Johan Hallenby, CEO/ Founder Go North Group AB
Go North is also exploring other ways of financing its continued expansion, including the possibility of raising additional equity if market conditions permit.
- To advise on the process, Go North has mandated Carnegie Investment Bank AB (publ) as its financial advisor.
GOTHENBURG, Sweden, Jan. 13, 2023 /PRNewswire/ -- Go North Group AB (publ) ("Go North" or the "Group") has mandated Pareto Securities AB to arrange a series of fixed income investor meetings commencing on 17 January 2023.
Key Points:
- GOTHENBURG, Sweden, Jan. 13, 2023 /PRNewswire/ -- Go North Group AB (publ) ("Go North" or the "Group") has mandated Pareto Securities AB to arrange a series of fixed income investor meetings commencing on 17 January 2023.
- Subject to, inter alia, market conditions, a 3-year senior secured floating rate bond issue in an initial amount of up to SEK 500 million may follow (the "Bond Issue").
- In conjunction with the contemplated Bond Issue, Go North publishes certain preliminary financial information.
- This information is information that Go North Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation.
Retrieved on:
Thursday, February 2, 2023
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Security (finance) Go North Group AB (publ) (“Go North” or the “Company”) has, following a bookbuilding process, successfully placed SEK 550 million equivalent of senior secured floating rate bonds with qualified investors in the Nordics, Europe, and the U.S. (the “New Bonds”).
Key Points:
- Go North Group AB (publ) (“Go North” or the “Company”) has, following a bookbuilding process, successfully placed SEK 550 million equivalent of senior secured floating rate bonds with qualified investors in the Nordics, Europe, and the U.S. (the “New Bonds”).
- The New Bonds will be issued in two tranches of which SEK 350 million will be issued on the first issue date (the “SEK Tranche”) and equivalent to SEK 200 million is an underwritten subsequent bond issue (the “USD Tranche”).
- The USD Tranche will be non-interest-bearing until any drawdown and New Bonds issued in the USD Tranche may be issued in either USD or SEK.
- This information is information that Go North Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation.
Retrieved on:
Thursday, February 2, 2023
Go North Group AB (publ) (the "Company") announces its intention to exercise its right to make an early redemption of its outstanding bonds maturing in July 2025 (ISIN: SE0018040867) (the "Outstanding Bonds"), in accordance with Clause 9.3 (Voluntary total redemption (call option)) of the terms and conditions of the Outstanding Bonds.
Key Points:
- Go North Group AB (publ) (the "Company") announces its intention to exercise its right to make an early redemption of its outstanding bonds maturing in July 2025 (ISIN: SE0018040867) (the "Outstanding Bonds"), in accordance with Clause 9.3 (Voluntary total redemption (call option)) of the terms and conditions of the Outstanding Bonds.
- The redemption amount will be paid to the bondholders holding Outstanding Bonds on the relevant record date (being 24 February 2023).
- Subject to the above, the Outstanding Bonds will be de-listed from Frankfurt Stock Exchange Open Market (Freiverkehr) in connection with the Redemption Date.
- This information is information that Go North Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation.
Go North Group AB (publ) ("Go North" or the "Group") has mandated Pareto Securities AB to arrange a series of fixed income investor meetings commencing on 17 January 2023.
Key Points:
- Go North Group AB (publ) ("Go North" or the "Group") has mandated Pareto Securities AB to arrange a series of fixed income investor meetings commencing on 17 January 2023.
- Subject to, inter alia, market conditions, a 3-year senior secured floating rate bond issue in an initial amount of up to SEK 500 million may follow (the "Bond Issue").
- In conjunction with the contemplated Bond Issue, Go North publishes certain preliminary financial information.
- This information is information that Go North Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation.
Retrieved on:
Sunday, December 18, 2022
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Amazon Go North Group AB (publ) ("Go North" or the "Group") has successfully placed a subsequent bond issue (the "Subsequent Bond Issue" or the "Subsequent Bonds") in an amount of SEK 55,000,000 under the Group's existing senior secured floating rate bond framework of SEK 280,000,000 with ISIN SE0018040867 (the "Bonds").
Key Points:
- Go North Group AB (publ) ("Go North" or the "Group") has successfully placed a subsequent bond issue (the "Subsequent Bond Issue" or the "Subsequent Bonds") in an amount of SEK 55,000,000 under the Group's existing senior secured floating rate bond framework of SEK 280,000,000 with ISIN SE0018040867 (the "Bonds").
- Following the Subsequent Bond Issue, the outstanding amount under the Bonds will be SEK 280,000,000.
- Pareto Securities AB acted as sole bookrunner and Roschier Advokatbyrå AB acted as legal advisor in connection with the Subsequent Bond Issue.
- This information is information that Go North Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation.
Retrieved on:
Wednesday, December 7, 2022
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Amazon GOTHENBURG, Sweden, Dec. 7, 2022 /PRNewswire/ -- Go North Group AB (publ) ("Go North" or the "Group") has successfully placed a subsequent bond issue (the "Subsequent Bond Issue" or the "Subsequent Bonds") in an amount of SEK 55,000,000 under the Group's existing senior secured floating rate bond framework of SEK 280,000,000 with ISIN SE0018040867 (the "Bonds").
Key Points:
- GOTHENBURG, Sweden, Dec. 7, 2022 /PRNewswire/ -- Go North Group AB (publ) ("Go North" or the "Group") has successfully placed a subsequent bond issue (the "Subsequent Bond Issue" or the "Subsequent Bonds") in an amount of SEK 55,000,000 under the Group's existing senior secured floating rate bond framework of SEK 280,000,000 with ISIN SE0018040867 (the "Bonds").
- Following the Subsequent Bond Issue, the outstanding amount under the Bonds will be SEK 280,000,000.
- Pareto Securities AB acted as sole bookrunner and Roschier Advokatbyr AB acted as legal advisor in connection with the Subsequent Bond Issue.
- This information is information that Go North Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation.
Retrieved on:
Friday, November 11, 2022
Go North Group AB (Publ) announces its Quarter 3, 2022 financial report
Key Points:
- Go North Group AB (Publ) announces its Quarter 3, 2022 financial report
Go North Group AB (publ) ("Go North" or "The Group") is delighted that in Quarter 3, we proved that we could execute against our previously communicated strategy, by delivering the first reported profitable month in September 2022.
- Go North knows how to source and acquire great Amazon brands, at good prices, and has the right team in place to take care of continued organic profit growth post-acquisition.
- Despite increasing inflation and cost of living, the timing for Go North from a macroeconomic outlook comes with big potential.
- In summary, whilst Go North remains a learning organization, we're very pleased with the progress of the quarter.
Retrieved on:
Wednesday, October 26, 2022
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Amazon GOTEBORG, Sweden, Oct. 26, 2022 /PRNewswire/ -- Jonas Arlebck has today been appointed Group CFO of Go North Group AB (Publ) ("Go North", or "The Group") and will take up his role from today, 26 October.
Key Points:
- GOTEBORG, Sweden, Oct. 26, 2022 /PRNewswire/ -- Jonas Arlebck has today been appointed Group CFO of Go North Group AB (Publ) ("Go North", or "The Group") and will take up his role from today, 26 October.
- "To strengthen Go North's leadership team with Jonas Arlebck as the Group CFO is a big achievement and further strengthens the group's speedfully execution of its vision.
- And the timing could not be better due to our upcoming fundraising", says Johan Hallenby, CEO/Founder of Go North.
- Go North has been using HH&P Executive Search AB for the recruitment of Jonas Arlebck.
Retrieved on:
Saturday, October 22, 2022
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Amazon Go North Group AB (Publ) announces its first reported profitable month, contributing a positive EBITDA of kSEK 451 in September 2022
Key Points:
- Go North Group AB (Publ) announces its first reported profitable month, contributing a positive EBITDA of kSEK 451 in September 2022
Go North Group AB (publ) ("Go North" or "The Group") is delighted that in September, we proved that we could execute against our previously communicated strategy, by delivering the first reported profitable month, contributing a positive EBITDA of kSEK 451.
- Despite increasing inflation and cost of living, the timing for Go North from a macroeconomic outlook comes with big potential.
- In summary, whilst Go North remains a learning organization, we're very pleased with the progress of the month.
- This information is information that Go North Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation.