SSCP Lager BidCo AB (publ) gives notice that condition for early redemption of the 2019/2024 notes has been satisfied

NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA) OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT. THE DISTRIBUTION OF THIS DOCUMENT IN CERTAIN JURISDICTIONS (IN PARTICULAR, THE UNITED STATES AND THE UNITED KINGDOM) MAY BE RESTRICTED BY LAW.

 

SSCP Lager BidCo AB (publ) (the “Company”) confirms that the condition contained in the notice of conditional voluntary total redemption given on 21 November 2023 (the “Notice of Conditional Voluntary Total Redemption”) to the holders of the Company’s senior secured floating rate notes due 2024 with ISIN SE0013358686 (the “Notes”) has been satisfied.

In the Notice of Conditional Voluntary Total Redemption, the Company notified the holders of the Notes that the Company would early redeem the Notes, subject to the successful settlement of new senior secured floating rate notes in an initial amount of SEK 850,000,000 under a total framework of SEK 1,300,000,000 with maturity date in December 2026.

The Company has today received the proceeds from the issue of the new senior secured floating rate notes and hereby confirms that the Condition (as defined in the Notice of Conditional Voluntary Total Redemption) has been satisfied. The redemption date as contemplated by the Notice of Conditional Voluntary Total Redemption will occur on 15 December 2023 and the redemption amount, including accrued but unpaid interest, will be paid to any person registered as a holder of Notes in the debt register kept by Euroclear Sweden AB as per the record date 8 December 2023.

6 December 2023 will be the last day of trading in the Notes in order for any trade on such day to be registered in the debt register on the record date, being 8 December 2023.

 

For further information, please contact:

Linda Aidanpää Baronnet, CEO, telephone number: +46 70 785 87 25, linda.aidanpaa@logent.se

Johan Wallmander, acting CFO, telephone number: +46 70 351 77 24, johan.wallmander@logent.se

 

This information was submitted for publication on 5 December 2023, at 14:30 CET.

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