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Emilshus AB (publ) - Tender Offer 2024 (SE) - Results

The real estate company Emilshus AB (publ) announces the results of the tender offer regarding the company's bond loan with ISIN SE0017769060
 

12 JUNE 2024


Full announcement including disclaimers and offer/distribution restrictions available via Emilshus AB


"On 4 June 2024, Fastighetsbolaget Emilshus AB (publ) ("Emilshus " or the "Company") announced a tender offer to holders of the Company's outstanding unsecured green bonds with current interest and outstanding volume of SEK 400,000,000 with ISIN SE0017769060 ( the "Bonds " and the " Tender Offer ""). The Tender Offer expired today at 12:00 CEST. In connection with the Tender Offer, the Company has accepted the repurchase of Bonds corresponding to a nominal amount of SEK 76.25 million.

 

Emilshus intends to complete the Tender Offer and the price for the Bonds in the Tender Offer is 101.3125 per cent of the nominal amount. The Company will also pay accrued and unpaid interest on the Bonds on the settlement date of the Tender Offer in accordance with the terms and conditions of the Bonds. The settlement of the Tender Offer is expected to be paid on 26 June 2024."


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The real estate company Emilshus AB (publ) is considering issuing new senior unsecured green bonds and announces a tender offer for its outstanding bonds - SE0017769060
 

04 JUNE 2024


Full announcement including disclaimers and offer/distribution restrictions available via Emilshus AB


The real estate company Emilshus AB (publ) (" Emilshus " or the " Company ") has mandated Danske Bank A/S, Denmark, Sweden Branch and Skandinaviska Enskilda Banken AB (publ) as arrangers and joint bookrunners to arrange bond investor meetings starting on 10 June 2024 in order to investigate the conditions for issuing new senior unsecured green bonds with current interest in an amount of up to SEK 400,000,000 (the " Bonds ") with an expected maturity of three years (the " Bond Issue "). A capital markets transaction may follow, subject to, inter alia, prevailing market conditions. The proceeds from the Bond Issue will be used in accordance with the Company's green framework, including to finance the repurchase of the Existing Bonds under the Tender Offer (as defined below).

 

In connection with the contemplated Bond Issue, Emilshus today announces an offer to holders of the Company's outstanding unsecured green bonds with current interest and outstanding volume of SEK 400,000,000 with ISIN SE0017769060 (the " Existing Bonds" ") to participate in a tender offer whereby Emilshus buys back Existing Bonds for cash consideration at a price corresponding to 101.3125 per cent of the nominal amount plus accrued and unpaid interest (the " Tender Offer ") The Existing Bonds will be repurchased in accordance with the terms and conditions of the tender offer document dated 4 June 2024 and available at the link below ( the "Tender Offer Document ").


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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 management of its balance sheet. The purpose of the Tender Offer is to pro-actively manage the Issuer’s upcoming debt redemptions and to lengthen and diversify its debt maturity profile."


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