Samhällsbyggnadsbolaget i Norden AB (publ) announces early redemption of the outstanding senior unsecured floating rate notes with ISIN SE0010985713 and further announces that it instigates written procedures in order to make technical amendments to the terms and conditions of its outstanding notes with ISIN SE0012313245 and ISIN SE0012256741
Samhällsbyggnadsbolaget i Norden AB (publ) (the “Issuer“) today announces early redemption of the outstanding senior unsecured floating rate notes with ISIN SE0010985713 (the “Call Notes“). The Call Notes are currently listed on the Corporate Bond List of Nasdaq Stockholm.
The Issuer has today, through the agent of the Call Notes, Nordic Trustee & Agency AB (publ), notified the holders of the Call Notes that the Call Notes will be redeemed in full on 17 December 2020 (the “Early Redemption“). The Early Redemption is made in accordance with Clause 9.3 (Early redemption (call option)) in the terms and conditions of the Call Notes.
The Issuer further announces that it instigates written procedures (“Written Procedures“) in order to make technical amendments to the terms and conditions of its outstanding notes with ISIN SE0012313245 and ISIN SE0012256741 (the “WP Notes“). The purpose of the Written Procedures is to harmonize the terms and conditions of the WP Notes with the Issuers other currently outstanding notes and notes programme on national and international debt capital markets, in order to provide an efficient loan structure in the Issuer.
Further information about the Early Redemption and the Written Procedures can be found in the Notice of Early Redemption and the respective Notice of Written Procedure, all dated 16 November 2020 (the “Notices“). The Notices have been sent to the respective noteholders today and are available on the Issuer’s website (https://corporate.sbbnorden.se/en/related-documents/).
For further information, please contact:
Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB, [email protected]
This information was submitted for publication, through the agency of the contact person set out above on 16 November 2020, at 19:45 CET.