Dometic issues first bond on European market

Publish date:

Dometic Group AB said it had issued €300 million on the European bond market. The issue is the first tranche in Dometic’s newly established EMTN (Euro Medium Term Note) program which will total €1.5 billion.

“The Eurobond issue is an important step in our effort to broaden the sources of Dometic’s financing. We expect to continue to utilize the Eurobond market going forward,” said Dometic chief financial officer Per-Arne Blomquist in a statement.

The bond was issued with a five-year maturity at a fixed rate of 3.00 percent.


A Report from Ohio’s Hybrid Boat Show

The online/in-person show was deemed a success, but organizers say it can’t compare to a traditional boat show. “We took the best action available to us.”

Marina Conference and Expo Begins Tomorrow

Preconference workshops at the virtual event will focus on electrical code updates, BIG grant application guidance and marina operations.

Regal Names VP, North American Sales and Marketing

Jake Kuck had previously served as North American sales manager.

Williams Jet Tenders Expands

The U.K. builder is making changes to its facility to increase production and the size of its RIBs.

Industry Mourns Daniel Harper

The Siren Marine founder and CEO died unexpectedly.

Quick Hits: January 26, 2021

Oxe’s range of diesel outboards get EPA approval and the Association of Marina Industries’ Training Institute releases its certification course schedule.

Virtual Boat Show Season

With most of the winter boat shows canceled, will dealers see a slowdown in demand heading into spring?