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Rottneros gives conditional notice of redemption of all outstanding notes with ISIN: SE0010297804

2021-06-22, 14:00
 - Regulatory
Rottneros AB (publ) (“Rottneros”) today announces that it gives conditional notice of early redemption in relation to its up to SEK 600,000,000 senior unsecured floating rate notes with ISIN: SE0010297804 (the “Notes”), pursuant to which Rottneros will redeem all outstanding Notes subject to new financing.

Today, 22 June 2021, Rottneros has given conditional notice of early redemption to each person directly registered, as of 21 June 2021, in the debt register (Sw. skuldbok) kept by Euroclear with respect to the Notes.

The redemption date will, subject to satisfaction of the Condition (as defined below), be 19 July 2021 (the "Redemption Date"). The Notes will be redeemed at an amount equal to 102.075 per cent of the nominal amount of each Note plus, as at the Redemption Date, accrued but unpaid interest (the "Redemption Amount"). The Redemption Amount will be disbursed to each person who is registered on a securities account as a direct registered owner (Sw. ägare) or an authorised nominee (Sw. förvaltare) with respect to the Notes at the end of business on 12 July 2021 (the "Record Date") in the debt register (Sw. skuldbok). In connection with the redemption, the Notes will be delisted from Nasdaq Stockholm.

The early redemption of the Notes is conditional upon Rottneros entering into a new Facilities Agreement and all conditions for receipt of funds being met, on or prior to the Record Date (the "Condition"). Satisfaction of the Condition will be confirmed to the holders of the Notes through a press release on or prior to the Record Date. If the Condition has not been satisfied prior to the Record Date, the redemption will not occur and it will, in such case, be confirmed to the noteholders through a press release on or prior to the Record Date.

For further information, please contact:
Monica Pasanen, CFO, Rottneros AB
+46 (0)270 622 70, 
monica.pasanen@rottneros.com

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