SSCP Lager BidCo AB - Press release 20200817 (Prospectus)

THE INFORMATION IN THIS PRESS RELEASE MAY NOT BE MADE PUBLIC, PUBLISHED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY, WITHIN OR TO UNITED STATES, AUSTRALIA, NEW ZEALAND, JAPAN, HONG KONG, SINGAPORE, SOUTH AFRICA, CANADA OR ANY OTHER COUNTRY WHERE SUCH PUBLISHING OR DISTRIBUTION WOULD BREACH APPLICABLE LAWS OR REGULATIONS. SEE SECTION “IMPORTANT INFORMATION” AT THE END OF THIS PRESS RELEASE.

 

Press release

17 August 2020

SSCP Lager BidCo publishes prospectus and applies for listing of bonds at Nasdaq Stockholm

On 31 October 2019, SSCP Lager BidCo AB (publ) (the “Company” or “SSCP”) issued a senior secured floating rate bond loan, with ISIN SE0013358686, in a nominal amount of SEK 900 million under a nominal framework amount of SEK 1,500 million. The bond loan has a tenure of 5 years and matures on 31 October 2024. On account of the issuance of the bond loan and in accordance with the terms and conditions of the bond loan, SSCP has applied for admission to trading of the bond loan at Nasdaq Stockholm’s Corporate Bond List. First day of trading is expected to be on or around 19 August 2020.

On account of the admission to trading of the bond loan, SSCP has prepared a prospectus. The prospectus has been approved and registered by the Swedish Financial Supervisory Authority. The prospectus can be obtained from SSCP and is available on SSCP’s website www.logent.se and on the Swedish Financial Supervisory Authority’s website www.fi.se.

Hannes Snellman Attorneys Ltd has acted legal advisor in connection with the issuance and listing of the bond loan.

 

For further information, please contact:

Mats Steen, CEO, +46 702 338302, mats.steen@logent.se

Sara Fors, CFO, +46 722 540037, sara.fors@logent.se

 

This press release was submitted for publication on 17 August 2020 at 11:00 am CEST.

 

SSCP Lager BidCo AB (publ) is a parent company in the Logent group. Logent is a comprehensive and independent logistics partner, with a Nordic base and with global networks. We have a wide range of services and create value for our customers through guaranteed cost and quality improvements. Our services include Logistics Services such as Warehouse Management, Transport Management and Customs, Port and Combined Terminals, Staffing Services and Consulting Services. This means that Logent has grown to a turnover of about SEK 1.5 billion from the start in 2006 and employs approximately 3,000 people. For further information on Logent, please visit our website www.logent.se.

 

 

Important information

The information in this press release does not constitute an offer to acquire or subscribe for any securities or otherwise trade in securities in SSCP Lager BidCo AB (publ).

This press release may not be released, published or distributed, directly or indirectly, in or into United States, Australia, Hong Kong, Japan, Canada, New Zealand, Singapore, South Africa or any other jurisdiction where participation would require additional prospectuses, registration or measures besides those required by Swedish law. Nor may this press release be distributed in or into such countries or any other country or jurisdiction in which distribution requires such measures or otherwise would be in conflict with applicable regulations. Any failure to comply with the restrictions described may result in a violation of applicable securities regulations.

No securities issued by SSCP Lager BidCo AB (publ) have been, or will be, registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") or the securities legislation of any state or other jurisdiction of the United States and no securities may be offered, subscribed for, exercised, pledged, sold, resold, granted, delivered or otherwise transferred, directly or indirectly, in or into the United States except under an available exemption from, or in a transaction not subject to, the registration requirements under the Securities Act and in compliance with the securities legislation in the relevant state or any other jurisdiction of the United States. There will be no public offering of such securities in the United States.

The securities referred to herein have not been approved or disapproved by the U.S. Securities and Exchange Commission (SEC), any state securities commission or other regulatory authority in the United States, nor have any of the foregoing authorities passed upon or endorsed the merits of the rights issue or the accuracy or adequacy of this announcement. Any representation to the contrary is a criminal offence in the United States.

This press release contains certain forward-looking information that reflects SSCP Lager BidCo AB (publ)’s present view of future events as well as financial and operational development. Words such as “intend”, “assess”, “expect”, “may”, “plan”, “believe”, “estimate” and other expressions entailing indications or predictions of future development or trends, not based on historical facts, constitute forward-looking information. Forward-looking information is inherently associated with both known and unknown risks and uncertainties as it depends on future events and circumstances. Forward-looking information is not a guarantee of future results or development and actual outcomes may differ materially from the statements set forth in the forward-looking information.

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