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Bilia AB (publ) - Tender Offer - Launch (SE)

Bilia AB (publ) announces tender offer regarding certain outstanding senior unsecured bonds and considers issuance of new senior unsecured bonds


09 JUNE 2023


Full announcement including disclaimers and offer restrictions available via Bilia


"Bilia AB (publ) (the “Issuer”) is offering holders of the Issuer’s outstanding bonds outlined below (the “Bonds”) to tender any and all of their Bonds for purchase by the Issuer for cash (the “Tender Offer”) at the purchase price set out below, plus accrued and unpaid interest. The Bonds will be repurchased subject to the terms and conditions described in a tender information document dated 9 June 2023 (the “Tender Information Document”)."


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"In connection with the Tender Offer, the Issuer announces that it contemplates to issue new SEK FRN denominated senior unsecured bonds of up to SEK 800,000,000 under a framework of SEK 1,500,000,000 with an expected tenor of 5 years (the “New Bonds”), subject to market conditions."


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"Purpose of the Tender Offer


The Tender Offer is being made as part of the Issuer's commitments to exercise active managemtn of its balance sheet. The purpose of the Tender Offer is to pro-actively manage the Issuer's upcoming reemptions and to tengthen and diversityf its debt maturity profile."

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