COREM PROPERTY GROUP TO REDEEM ITS SENIOR UNSECURED FLOATING RATE NOTES, 2015/2018, PRIOR TO FINAL MATURITY
Corem Property Group AB (publ) (“Corem”) issued senior unsecured floating rate notes in a maximum total amount of SEK 750 million with ISIN SE0006887923 on 1 April 2015 (the “2015/2018 Notes”). Corem hereby irrevocably gives notice that it will redeem all outstanding 2015/2018 Notes.
In accordance with the Terms and Conditions of the 2015/2018 Notes, Corem will today send notice of voluntary total redemption to holders of all outstanding 2015/2018 Notes. Each 2015/2018 Note will be redeemed at a redemption amount corresponding to 100.00 per cent. of the nominal amount together with accrued and unpaid interest from, but excluding, the preceding interest payment date (1 January 2018) until, and including, the relevant early redemption date (21 March 2018).
Payment will be made to each person who, in accordance with the Terms and Conditions of the 2015/2018 Notes, is registered as a “Noteholder” in the debt book on 14 March 2018. The early redemption date is set to 21 March 2018. The last day of trading with the 2015/2018 Notes is planned to 12 March 2018.
This notice of early redemption is irrevocable.
FOR ADDITIONAL INFORMATION, PLEASE CONTACT
Eva Landén, CEO
Phone: +46 (0)8 503 853 33
Corem Property Group AB (publ)
Box 56085, SE-102 17 Stockholm
Visiting address: Riddargatan 13 C
Reg. no: 556463-9440, Domicile Stockholm