Lavare Holding AB (publ) (the “Company”) hereby gives notice to all Holders of the Company’s maximum SEK 700,000,000 senior secured callable floating rate bonds 2014/2019 with ISIN SE0005799186 (the “Bonds”) of exercise of its option for early voluntary redemption (the “Redemption”) of the Bonds in full in accordance with Section 11.3 of the terms and conditions for the Bonds. Unless otherwise defined in this notice, all words and expressions defined in the terms and conditions for the Bonds shall have the same meaning in this notice.
The date for the Redemption will be 4 July 2017 (the “Redemption Date”) and the record date for the Redemption will be 27 June 2017 (the “Record Date”). The total outstanding amount of the Bonds is SEK 585,000,000.
The Bonds will be redeemed at an amount equal to the sum of 102.37 per cent of the Nominal Amount (i.e. SEK 1,023,700 per Bond) plus accrued but unpaid interest from but excluding the preceding Interest Payment Date (i.e. 4 April 2017) up to and including the Redemption Date (the “Call Option Amount”).
The Call Option Amount will be disbursed to Holders registered as owners of the Bonds with Euroclear Sweden AB on the Record Date. In connection with the Redemption, the Bonds will be delisted from the corporate bond list at Nasdaq Stockholm. The last trading date to have a transaction registered is 22 June 2017.
This notice of early voluntary redemption is irrevocable and is governed by Swedish law.
Lavare Holding AB (publ)
For more information, please contact:
Fredrik Lagerkvist, CEO Lavare Holding AB (publ)
Phone: +46 19 19 45 02
Kerstin Torstensson, CFO Lavare Holding AB (publ)
Phone: +46 19 19 45 23
This information is information that Lavare Holding AB (publ) is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 11:45 CET on 2 June 2017.