Avida announces conditional early redemption of existing perpetual additional tier 1 bonds

Avida Finans AB (publ) (the "Company") announces today that it will redeem in full its outstanding perpetual tier 1 bond loan with ISIN SE0012729085 (the "Bonds" and "Early Redemption") subject to the successful issuance of new bonds as announced by the Company through a separate announcement today.

Provided that the conditions for Early Redemption are met (which will be announced separately), the Bonds will be redeemed on 18 July 2024 (the "Redemption Date") provided that the conditions for Early Redemption as specified in the notice of Early Redemption is satisfied (or, in the Company's sole discretion, waived) no later than 10 July 2024, at the redemption price of 100.00 per cent. of the nominal amount together with accrued but unpaid interest up to (and including) the Redemption Date.

The notice of Early Redemption will be available at the Company's website: www.avidafinance.com.

For further information, please contact:
Tine Wollebekk, CEO, Tel: +46 72 402 44 79, Mail: tine.wollebekk@avida.se
Lennart Erlandson, CFO, Tel: +46 72 402 44 82, Mail: lennart.erlandson@avida.se

About Avida
Avida is a credit market company that since the start in 1983 has focused on offering loans to individuals and corporates. We are currently about 150 employees, with headquarters in Stockholm and offices in Oslo and Helsinki. At Avida we are not like everybody else in this business, we will always go that extra mile to help our customers turn their plans into reality and we promise that we always give our customer the proper attention and the chance to get the financing they need.

Avida is under the supervision of the Swedish Financial Supervisory Authority and like all Swedish banks and credit market companies, we are covered by the state deposit insurance.