Cibus Nordic Real Estate AB (publ) - Tender Offer 2024 (SE) - Launch

Cibus Nordic Real Estate AB (publ) contemplates the issuance of senior unsecured green notes and launches a tender offer - SE0013360716 - SE0017071517 - SE0013360849

---

18 MARCH 2024

Full announcement including disclaimers and offer/distribution restrictions available via Cibus Nordic Real Estate AB (publ)

"Cibus Nordic Real Estate AB (publ), reg.no. 559135-0599 (the “Issuer”) today announces its invitation to the holders of the EUR 2024 Notes, the SEK 2025 Notes and the EUR 2025 Notes (as further described under the heading “Purchase price” below (the “Notes”) (including any beneficial owners who hold their Notes via nominees or custodians) (the “Noteholders”) to tender any and all of their Notes for purchase by the Issuer for cash (the “Tender Offers” and each a “Tender Offer”) up to an aggregate nominal amount equal to the Transaction Cap (as defined below) and subject to the satisfaction of the New Financing Conditions (as defined below) being met. The Issuer has appointed Danske Bank A/S, Danmark, Sverige Filial (“Danske Bank”) and Swedbank AB (publ) (“Swedbank”) to act as dealer managers and tender agents (the “Dealer Managers”) in connection with the Tender Offers.

In conjunction with the Tender Offers, the Issuer intends to issue (i) new senior unsecured green floating rate notes denominated in SEK with an expected tenor of 3.5 years and/or (ii) new senior unsecured green floating rate notes denominated in EUR with an expected tenor of 4.0 years (the “New Notes”), subject to market conditions. The Issuer has mandated Danske Bank and Swedbank as joint arrangers and bookrunners in respect of the issuance of the New Notes. Noteholders who submit a valid tender instruction will be eligible to receive a priority in the allocation of the New Notes on the terms and conditions set forth below.

Each Tender Offer is made on the terms and conditions set out below.

Purchase price

Subject to the terms and conditions set out in this Tender Information Document and the applicable minimum denomination in respect of the Notes, the Issuer offers to purchase the EUR 2024 Notes, the SEK 2025 Notes and the EUR 2025 Notes at the respective purchase prices set out below (each such being the “Purchase Price”)

...

"Purpose of the Tender Offers

The Tender Offers are being made as part of the Issuer’s commitments to exercise active management of its balance sheet and to pro-actively manage the Issuer’s upcoming debt redemptions and to extend its debt maturity profile."

...