DistIT AB (publ) has successfully issued senior unsecured bonds in a total initial amount of SEK 300 million, under a framework of SEK 800 million. The New Bonds have a tenor of four years and a floating interest rate of STIBOR three months plus 450bps. DistIT intends to apply for listing of the New Bonds on Nasdaq Stockholm. In connection with the issue of the New Bonds, the company will repurchase and cancel a total of SEK 100 million of its existing senior unsecured bonds maturing on 14 May 2022 (ISIN: SE0011166842) at a price of 100.75% of the nominal amount of the Existing Bonds. The company will also cancel the Existing Bonds held by the company. The remaining outstanding amount of the Existing Bonds, SEK 66 million, will be redeemed by the company in accordance with the terms and conditions of the Existing Bonds.