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Watch the recording >AB Sagax (publ) (“Sagax”) refers to the terms and conditions (the “Terms and Conditions”) of the corporate bonds first issued by Sagax on 13 September 2017 (ISIN SE0010324228) in the total amount of SEK 1,250 million with agreed final redemption date on 15 February 2022 (the “2022-bonds”), as well as Sagax’s notice dated 8 July 2021 published on https://www.sagax.se/en/press-releases whereby Sagax has called for an early redemption of the 2022-bonds in accordance with the Terms and Conditions.
In accordance with Condition 10 and Condition 17 in the Terms and Conditions, Sagax hereby calls for an early redemption of all outstanding 2022-bonds, with the early redemption date being 16 August 2021 (the “Early Redemption Date”).
On the Early Redemption Date, each person, which on the record date defined in the Terms and Conditions (which in this instance is 9 August 2021) is registered as a holder of 2022-bonds, will receive consideration for its registered holding of 2022-bonds through Euroclear in an amount equal to 100.00 percent of the aggregate nominal amount of its 2022-bonds together with all accrued and unpaid interest on such 2022-bonds per the Early Redemption Date in accordance with the Terms and Conditions.
This call for early redemption is irrevocable and is governed by Swedish law.
Early redemption notice (July 2021)_Bond No 10 (ISIN SE0010324228)_AB Sagax
If there are any questions relating to this call for early redemption, please contact Sagax’s finance director Björn Garat on telephone number +46 (0)8 – 545 83 540.
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