Kungsleden to redeem its SEK 700 million Bond Loan 2013/2016 prior to final maturity
Kungsleden AB (publ) (“Kungsleden”) issued a SEK 700 million Bond Loan with ISIN SE0005568961 on 20 December 2013 (the “Bond Loan”). Kungsleden hereby irrevocably gives notice that it will redeem the Bond Loan, in advance of its final maturity, on 20 September 2016.
On 23 June 2016, Kungsleden issued a new bond loan 2016/2019 in the total amount of SEK 600 million. The proceeds from that new bond loan will be used to, together with own funds, redeem the Bond Loan on 20 September 2016 in accordance with Clause 9.3.1 of the terms and conditions of the Bond Loan. Each Bond will be redeemed at a redemption amount equal to 100 per cent. of their nominal amount together with accrued but unpaid interest.
Payment will be made to each person who, in accordance with the terms and conditions of the Bond Loan, is registered as a “Noteholder” on 13 September 2016.
This notice of early redemption is irrevocable.
Detta pressmeddelande finns tillgängligt på svenska på www.kungsleden.se/pressmeddelanden
This information is information that Kungsleden AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 8:00 a.m CET on 25 August 2016.
Kungsleden owns, manages and develops office and other commercial properties in Stockholm and Sweden’s additional growth markets. We create value by providing attractive and functional premises in the right location at the right price. A significant part of our properties are gathered in clusters, which enrich people’s workday. Kungsleden’s goal is to deliver attractive total returns on our properties and to our shareholders.