SKF Completes EUR 255m Buy-back of Bonds Maturing 2020 and 2022, Updates Financial Net

GOTHENBURG, Sweden, Nov. 7, 2019 /PRNewswire/ -- SKF has completed the buy-back of EUR 51 million and EUR 204 million of outstanding bonds maturing in 2020 and 2022 respectively.

Financial net for Q4 2019 is now expected to be approximately SEK -360 million, compared to the Group's previous guidance of SEK -250 million.

Aktiebolaget SKF
     (publ)

For further information, please contact:

PRESS:
Theo Kjellberg
Director
Press Relations
tel: +46-31-337-6576
mobile: +46 725-776576
e-mail: theo.kjellberg@skf.com 

INVESTOR RELATIONS:
Patrik Stenberg
Head of Investor Relations
+46-31-337-2104
+46-705-472-104
patrik.stenberg@skf.com 

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SOURCE SKF