"In recent quarters, we have taken several measures that strengthen the credit quality of Storskogen. Among other things, we have extended our bank facilities, reduced our net debt, improved profitability year-over-year as well as clearly focused on and improved our cash flow. In addition, we have announced a number of divestments that will increase profitability and reduce net debt. As announced today, our next step is to well in advance manage our upcoming 2024 bond maturity, through a tender offer combined with a new smaller bond issue that will extend the average maturity profile", says Lena Glader, CFO, Storskogen.