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Logistea AB (publ) - Tender Offer (SE) - Results

Logistea announces the result of the voluntary tender offer of its outstanding senior unsecured green bonds


02 OCTOBER 2023


Full announcement including disclaimers and offer restrictions available via Logistea


"Logistea AB (publ) (“Logistea” or the “Company”) announces the results of the tender offer (the “Tender Offer”) to the holders of Logistea’s outstanding senior unsecured green bonds with ISIN SE0016831010 maturing in October 2024 and with an outstanding amount of SEK 500m* (the “Bonds”). The Tender Offer expired at 12:00 CEST on 2 October 2023. The Tender Offer has been accepted by holders of Bonds representing a total nominal amount of SEK 303.75m *A total of SEK 116m has been repurchased by Logistea before the announcement of the Tender Offer


Logistea will complete the Tender Offer and accepts all tendered Bonds for purchase. Based on today's interest rate, the Tender Offer contributes to a reduced total annual interest cost of approximately SEK 28m. The Company will, after completing the tender offer, have outstanding bonds (not held by the Company) amounting to SEK 80m.


The price for the Bonds in the Tender Offer amounts to 101.00 percent of the nominal amount. Accrued and unpaid interest on the Bonds will be paid by the Company until the settlement date according to the Tender Information Document. Settlement of the Tender Offer is expected to occur at or around 5 October 2023."


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Logistea announces a voluntary tender offer of its outstanding senior unsecured green bonds


26 SEPTEMBER 2023


Full announcement including disclaimers and offer restrictions available via Logistea


"Logistea AB (publ), Reg. No. 556627-6241 (the “Issuer”) today announces its invitation to the holders (including any beneficial owners who hold their bonds via nominees or custodians) (the “Bondholders”) of its outstanding bonds outlined below (together, the “Bonds”) to tender any and all of their Bonds for purchase by the Issuer for cash (the “Tender Offer”). The Issuer has appointed Nordea Bank Abp and Swedbank AB (publ) to act as dealer managers (the “Dealer Managers) in connection with the Tender Offer.


The Tender Offer is made on the terms and subject to the 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 Bonds, the Issuer offers to purchase the Bonds at the purchase price set out below (the “Purchase Price”):"


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"Purpose of the Tender Offer


The purpose of the Tender Offer is to pro-actively manage the Issuer’s upcoming redemptions, reduce its average interest costs and to lengthen and diversify its debt maturity profile."


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