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FASTIGHETS AB BALDER (PUBL) - Tender Offer Launch - Certain O/S SEK denom. Snr Unsecured FRNs

Balder announces tender offer regarding outstanding SEK notes

10 FEBRUARY 2023

Full announcement available via Balder.

Fastighets AB Balder (publ) (the "Issuer" or “Balder”) is offering holders of the Issuer's outstanding SEK 300,000,000 FRN due January 2024 (ISIN: SE0010832931), SEK 1,000,000,000 FRN due March 2024 (ISIN: SE0011869684), SEK 1,900,000,000 green FRN due June 2024 (ISIN: SE0011869825) and SEK 1,300,000,000 green FRN due December 2024 (ISIN: SE0013359494) (the "Notes"), to tender any and all of their Notes for purchase by the Issuer for cash (the "Tender Offer"), in addition to accrued and unpaid interest. The Notes will be repurchased at the purchase prices and subject to the terms and conditions described in the tender information document dated 10 February 2023 (the "Tender Information Document").


"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 Notes at the purchase prices set out below (the “Purchase Prices”):

Description of the Notes / ISIN / Outstanding Amount / Minimum Denomination / Purchase Price

Loan no. 116 – FRN due January 2024 / SE0010832931 / SEK 300,000,000 / SEK 2,000,000 / 98.90%

Loan no. 117 – FRN due March 2024 / SE0011869684 / SEK 1,000,000,000 / SEK 2,000,000 / 98.90%

Loan no. 119 – Green FRN due June 2024 / SE0011869825 / SEK 1,900,000,000 / SEK 2,000,000 / 98.50%

Loan no. 124 – Green FRN due December 2024 / SE0013359494 / SEK 1,300,000,000 / SEK 2,000,000 / 96.60%

The Issuer will also pay an amount equal to any accrued and unpaid interest on the Notes in accordance with the terms and conditions of the Notes


Purpose of the Tender Offer

The Tender Offer is being made as part of the Issuer’s active management of its balance sheet."

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