Here are Lucas’s comments on Fasadgruppen’s decision to postpone the issuance of a bond due to the market environment, driven particularly by rising interest rates and inflation concerns. 
Fasadgruppen announced on Thursday that it is postponing its planned SEK 1,250 million bond issue due to the prevailing market environment. In our view, the decision is explained by rising interest rates and inflation concerns, which have increased the cost of bond financing. While we would have welcomed refinancing on the right terms, we consider the decision sensible, as the company is backed by an existing bank facility.