AE4 2017 Sweden AB (publ), intends to make a voluntary early redemption of the 2024 bonds in relation to change of ownership in ACscent Holding AB
Press release
Press release: Notice to Bondholders
March 25, 2022
Accent Equity 2017 AB and certain minority shareholders have today signed an agreement with Storskogen 3 Invest AB to divest 96% of the shares in ACscent Holding AB (the “Company”) (the “Transaction”).
ACscent Holding AB is the parent company of AE4 2017 Sweden AB (publ) (the “Issuer”). The Issuer intends to exercise its right to make a voluntary early redemption of its outstanding senior secured floating rate bonds maturing on 8 November 2024 with ISIN SE0013358207 and outstanding amount of SEK 405,000,000 (the “Bonds”). Further information regarding the redemption, and a formal redemption notice (including the redemption date), will be distributed in due course and well in advance of the intended closing of the Transaction.
The Transaction as well as the Issuer’s intention to redeem the Bonds are conditional upon clearance from relevant competition authorities in accordance with the sale and purchase agreement governing the divestment of shares in the Company.
For further information, please contact:
Johan Ahlgren, CFO, at johan.ahlgren@scandinaviancosmetics.se
This information is information that AE4 2017 Sweden AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on 25 March 2022, at 10.00 CET.
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