Loomis raises €300M in bonds to fund Peru acquisition
What's the deal? Loomis has issued €300 million in senior unsecured bonds, the Swedish cash-handling company announced on September 9, 2026. The five-year bonds carry a 4.125% coupon and were placed under its €2 billion EMTN Programme.
Why now? The proceeds go toward general corporate purposes, including financing Loomis's ongoing acquisition of Hermes Transportes BlindadosDealroom has a profile for this one. Try Dealroom → in Peru. "The outcome provides financing for our ongoing acquisition of Hermes in Peru and supports our continued growth strategy," said chief financial officer Johan Wilsby.
Who's involved? NordeaDealroom has a profile for this one. Try Dealroom → and Société Générale acted as active bookrunners, with BBVA as passive bookrunner. The bonds will list on the regulated market of Euronext DublinDealroom has a profile for this one. Try Dealroom → and carry a BBB rating from S&P Global.
The numbers: Loomis reported revenue of more than US$3.63B in 2025. It employs 24,000 people and runs around 400 branches across more than 25 countries.
What's the endgame? Loomis provides secure, high-security logistics and payments management — transporting, processing, and storing cash and valuables for financial institutions, retailers, and governments. The Peru deal extends that footprint in Latin America.
The signal: The €300 million issue sits in the mid-range for corporate debt raises, in the 28th percentile by size. For a Nasdaq Stockholm large-cap, tapping the bond market to fund acquisitions signals steady, debt-financed expansion rather than a bet-the-company move.
Read more: news.cision.com
Image credit: Isbi Armor
