Kährs Holding AB (publ) calls for early redemption of bonds with ISIN SE0004926756
Kährs Holding AB (publ) (the “Company”) hereby announces that the Company’s maximum SEK 750,000,000 senior unsecured callable floating rate bonds 2012/2017 with ISIN SE0004926756 (the “Bonds”) will be redeemed in advance in accordance with the terms and conditions of the Bonds.
The date on which the redemption will occur will be August 3, 2015 (the “Early Redemption Date”). The Bonds will be redeemed at 104.5 per cent of the nominal amount (i.e. SEK 1,045,000 per Bond) plus accrued interest from, but excluding, the preceding interest payment date up to and including the Early Redemption Date.
The redemption amount will be disbursed to holders registered as owners of Bonds on the record date July 27, 2015. The last trading date to have a transaction registered on such record date is July 23, 2015. In connection with the redemption, the Bonds will be delisted from the corporate bond list at Nasdaq Stockholm.
A notice of the early redemption has been sent to directly registered owners and registered authorised nominees (Sw. förvaltare) of the Bonds in the debt ledger kept by Euroclear Sweden as of June 26, 2015.
Nybro, June 30, 2015
Kährs Holding AB (publ)
For further information, please contact:
Peter Ericsson, Financial Director, +46 (0)481-461 14
Kährs Holding AB (publ) is publishing this information pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was released for public disclosure on June 30, 2015, at 8.00 am CET.
About Kährs Holding AB (publ)
Kährs Holding AB (publ) is a world leading wood and resilient flooring manufacturer with well-known and globally recognized brands such as Kährs, Karelia and Upofloor. The company’s innovations have shaped the industry and Kährs purposefully work to bring new innovations to the flooring market. Kährs Group deliver products to more than 70 countries and have a market leading position in Sweden, Finland, Norway and Russia as well as a strong position in other important markets such as the UK and Germany. The Group employs 1,550 people and has yearly sales of around 300 MEUR.