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AB Sagax (publ) inform the holders of a certain technical amendment to the terms and conditions of its series no 10 bonds

3 October 2017

AMENDMENT OF THE TERMS AND CONDITIONS DATED 6 SEPTEMBER 2017 IN RESPECT OF AB SAGAX (PUBL) (“The Issuer”) MAXIMUM SEK 2,000,000,000 SENIOR UNSECURED FLOATING RATE NOTES 2017/2022, SERIES NO. 10, ISIN SE0010324228 (the “Terms and Conditions”)

The Agent and the Issuer have agreed to amend the Terms and Conditions in that the erroneous date “15 July 2016” in clause 5.1 of the Terms and Conditions has been deleted and the correct date “15 October 2017” has been inserted.

This amendment of the Terms and Conditions has been made with the purpose of rectifying an obvious error and mistake in the Terms and Conditions.

This amendment results in that clause 5.1 of the Terms and Conditions shall state that “The Notes will bear interest at the Interest Rate applied to the Nominal Amount from (but excluding) (i) the Issue Date or (ii), in relation to any Notes issued after the Issue Date, the Interest Payment Date falling immediately prior to its issuance (or if such Interest Payment Date has not yet occurred, the Issue Date), up to (and including) the Redemption Date. There will be a shorter than usual Interest Period for (i) the Interest Period ending on 15 October 2017 (ii) the first Interest Period of any Notes issued after the Issue Date but before the first Interest Payment Date and (iii) the Interest Period ending on the Final Redemption Date.”

This amendment is part of and should be read in conjunction with the Terms and Conditions, which can be found in full version here, and shall be effective from 3 October 2017. 

 

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