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Notice of Written Procedure for bonds issued by Oscar Properties Holding AB (publ) (the “Issuer”)

8 April 2019

Intertrust (Sweden) AB (the “Agent”) acting in its capacity as agent for the bondholders under the terms and conditions for the SEK 500,000,000 senior unsecured callable floating rate bonds with ISIN SE0005936390 (the “Bonds”), has at the request of the Issuer on 5 April 2019 initiated a written procedure by which bondholders can approve or reject a proposal from the Issuer.

The Issuer is proposing that (i) the maturity of the Bond loan will be extended by two years from September 3, 2019 to September 3, 2021, (ii) the redemption price for the Bonds will be changed to 100 percent of the Nominal Amount up to and including 3 September 2019, with the subsequent half-yearly increase of 2 percent, to a maximum of 108 percent the last extension year (which ends September 3, 2021) and (iii) the coupon rate will be increased from 3 September 2019 to Stibor 3 months + 8 percent.

 

The Issuer further undertakes, among other things, not to pay any dividend on shares before the new maturity date of the Bonds, 3 September 2021, or until the bond loan has been repaid. The extension of the maturity date of the Bonds are subject to further conditions. Please refer to the full notice here and the press release from the Issuer here, for further details.

 

Fur further information, please contact:

Intertrust (Sweden) AB

Contact: Mia Fogelberg

Phone: +46 73 314 15 29

Mail: [email protected]

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