Electrolux Group Publishes New Prospectus Supplement
On June 30, 2026, Electrolux Group unveiled a supplement to its rights issue prospectus that was initially issued on May 28, 2026. This new document comes in light of recent developments where the company has made claims linked to refunding approximately USD 88 million in tariffs under the
International Emergency Economic Powers Act (IEEPA), revealed just a day prior on June 29, 2026.
The prospectus supplement, which has received approval and registration from the
Swedish Financial Supervisory Authority (SFSA), is intended to be read in conjunction with the original rights issue prospectus. Investors and potential stakeholders can access both documents through Electrolux Group's official website as well as from the SFSA’s website, bolstering transparency and accessibility for interested parties.
It is crucial for current and prospective investors to note that the subscription period for new shares following the rights issue concluded on June 16, 2026. Therefore, those who already subscribed for shares will not have the option to withdraw their subscriptions due to the newly issued prospectus supplement.
The process has been orchestrated with assistance from various financial advisory firms.
Morgan Stanley and
SEB are serving as Joint Global Coordinators in this transaction, while
Deutsche Bank acts as Co-Bookrunner. Additionally, legal counsel has been engaged from
Mannheimer Swartling Advokatbyrå AB and
Davis Polk & Wardwell London LLP to navigate Swedish and U.S. law intricacies, respectively. Similarly,
White & Case Advokat AB and
White & Case LLP have been appointed legal advisors for the underwriters, ensuring compliance and thorough oversight in all legal matters concerning the rights issue.
It must be emphasized that this press release is intended purely for informational purposes and does not constitute an offer to sell or solicit any investment in the securities mentioned. Furthermore, the approval of the prospectus and its supplement should not be misconstrued as an endorsement of the securities or a guarantee of a successful investment.
Ultimately, potential investors are strongly encouraged to carefully review the risk factors detailed within both the original and supplemental prospectus before making any decisions concerning their investments in
AB Electrolux. Engaging with financial professionals is advisable to gain a comprehensive understanding of the implications and potential risks associated with investing based on this information.
Moreover, it is essential to clarify that none of the securities have been or will be registered under the
Securities Act of 1933, making it vital for anyone considering investment to remain aware of the restrictions regarding their acquisition.
In summary, as Electrolux Group aligns its strategic operations with long-term goals in view of tariff-related challenges, the issuance of this prospectus supplement represents a key step toward addressing stakeholder interests while maintaining regulatory compliance. For further inquiries or detailed information, the investor relations team at Electrolux is available to provide support.
Contact Information
For more information related to this announcement, individuals can contact:
- - Ann-Sofi Jönsson: Head of Investor Relations – Sustainability Reporting, +46 73 025 1005
- - Maria Åkerhielm: Investor Relations Manager, +46 70 796 3856
- - Henry Sjölin: Investor Relations Manager, +46 76 863 51 85
- - Electrolux Group Press Hotline: +46 8 657 65 07