Zengun Group AB (publ) has acquired its own bonds at a nominal amount corresponding to MSEK 5
On 19 October 2020, Zengun Group AB (publ) (the “Company”) issued a covered bond of SEK 600,000,000 within a framework of SEK 1,000,000,000 (the “Bond”). The Company has acquired four Bonds with a total nominal value of SEK 5,000,000. The price per Bond amounted to 98.0% of the Bond’s nominal value. The total purchase consideration for the bought-back bonds thereby amounted to SEK 4,900,000. The objective of the buy-back was to reduce the Company’s gross debt and interest expenses and was made possible by the Company’s strong cash position. Following the buyback, Zengun’s holdings of the