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Young Adults Are Turning to Cash — Is Your Business Prepared?

A curious trend is emerging amidst the evolving financial landscape: Gen Z's affinity for cash transactions. As living costs surge, younger generations are embracing cash as a preferred method of payment. This shift holds implications for businesses across industries, requiring them to adapt their strategies to accommodate this changing transaction dynamic.

Titan RF

The Titan RF note & coin or note-only configurations are the ideal choice for big box retailers, grocery stores, hotels & resorts, entertainment venues, and other large-scale operations that handle a substantial number of tills and deal with significant cash volumes.

Titan RX

Titan RX cash recyclers completely automate the cash-handling process for large-scale cash-intensive businesses.

Loomis has issued SEK 1,000 million of Sustainability-Linked Bonds

Loomis AB (publ) has successfully issued SEK 1,000 million of sustainability-linked bonds. The bonds are issued with four-year maturity with maturity date on the 19th of May 2027. SEK 650 million of the new bonds have a floating interest rate of 3-month Stibor plus 1.95 percentage points. And SEK 350 million have a yearly fixed rate coupon at 4.923%. The proceeds will be used for general corporate purposes and to refinance loans.

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