Loomis issues EUR 300 million in bonds
Loomis AB has completed the issuance of EUR 300 million in senior unsecured bonds. The proceeds are intended for general corporate purposes, including financing the acquisition of Hermes Transportes Blindados S.A.
Swedish cash and valuables management company Loomis AB has successfully issued EUR 300 million in senior unsecured bonds. The bonds carry a coupon of 4.125% and mature in five years.
The issuance falls under Loomis' EUR 2 billion EMTN (Euro Medium Term Note) Programme, originally dated May 29, 2026, and supplemented on September 2, 2026. The funds raised will be used for general corporate purposes.
A key use of the proceeds will be to finance the ongoing acquisition of Hermes Transportes Blindados S.A. in Peru. This acquisition is expected to strengthen Loomis' presence in the South American market. Specific financial details of the acquisition have not been disclosed.
Loomis provides services in cash handling and secure transport for banks, retailers, and other businesses. The company operates globally, offering solutions for the secure management and transportation of cash and other valuables.