Balder announces tender offer regarding outstanding hybrid capital securities
Fastighets AB Balder, via its subsidiary Balder Invest AB, has today announced an invitation to holders of its EUR 350 million 5.5 year non-call, first reset date 7 March 2023 (ISIN: XS1677911825) and EUR 500 million 5.25 year non-call, first reset date 2 June 2026 (ISIN: XS2305362951) to tender their hybrid capital securities for purchase by Balder Invest AB for cash up to an aggregate principal amount of EUR 85 million (the “Tender Offer”). The purpose of the Tender Offer is, amongst other things, to proactively manage the Issuer's layer of hybrid capital: through the transaction, the