Press releaseDecember 14 2021

Results of Kungsleden’s Mandatory Repurchase Offer in connection with the Change of Control Event

The results of Kungsleden’s Mandatory Repurchase Offer in connection with the Change of Control Event have now been finalised. A description of the outcome is presented below.

On 17 November 2021, Kungsleden AB (publ), reg. no. 556545-1217, sent notice to the noteholders informing them that a Change of Control Event had occurred (for more information see here).

Kungsleden subsequently announced a Mandatory Repurchase Offer on 23 November 2021 with Nordea Bank Abp acting as paying agent in connection with Kungsleden’s settlement of the Repayment Amount (the “Paying Agent”) and administrator for the settlement of the Mandatory Repurchase Offer.

The Mandatory Repurchase Offer expired at 12:00 CET
on 6 December 2021.


Overview of notes affected by the Mandatory Repurchase Offer

Description of the Notes / ISIN / Original Outstanding Amount / Amount Repurchased / Outstanding Amount post the Mandatory Repurchase Offer

SEK 550,000,000 1.593% Notes due September 2026 / SE0013882610 / 550,000,000 / 550,000,000 / 0

SEK 400,000,000 1.963% Notes due March 2028 / SE0013882941 / 400,000,000 / 290,000,000 / 110,000,000

The settlement date for the Repayment Amount will be on 17 January 2022 (the “Settlement Date”) and the Paying Agent will coordinate settlement in due time with each of the Noteholders that validly submitted a Repurchase Instruction Form. 

All repurchased notes will subsequently be cancelled by Kungsleden upon settlement.

For more information, please contact:

Ylva Sarby Westman, CEO Kungsleden, +46 8 503 052 27, ylva.sarby.westman@kungsleden.se

Nordea Bank Abp, +45 2465 7750, NordeaLiabilityManagement@nordea.com

ABOUT KUNGSLEDEN. We are people that create places and experiences for people. By developing and managing attractive and sustainable places, we offer people a better and more inspiring work experience. We are a long-term property owner focused on commercial properties in Sweden’s growth regions. As of 30 September 2021, we owned 207 properties with a total value of SEK 43,182 million. Kungsleden is a subsidiary of Castellum as of November 2021. Read more at www.kungsleden.se

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Hampus Zethelius

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Tel: 08-503 052 83
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