Axentia Group AB (publ) intends to issue new senior secured bonds and announces a conditional tender offer for its outstanding senior secured bonds
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING, BUT NOT LIMITED TO, PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OF AMERICA OR THE DISTRICT OF COLUMBIA (THE UNITED STATES) OR TO ANY U.S. PERSON OR IN OR INTO ANY OTHER JURISDICTION OR TO ANY OTHER PERSON WHERE OR TO WHOM IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT.
Linköping, 4 May, 2026 – Axentia Group AB (publ) (the "Company" or "Axentia") has mandated DNB Carnegie Investment Bank AB (publ) as Sole Global Coordinator and Joint Bookrunner and Skandinaviska Enskilda Banken AB (publ) as Joint Bookrunner to arrange meetings with fixed income investors commencing 4 May 2026 to explore the possibility of issuing new senior secured bonds denominated in EUR with an expected issue volume of EUR 110,000,000 and a tenor of four years (the "New Bonds"). A capital markets transaction may follow, subject to, among other things, prevailing market conditions.
The proceeds from the New Bonds will be used to, inter alia, refinance the Company's outstanding senior secured bonds 2024/2028 with ISIN SE0022060711 (the "Outstanding Bonds"), repay vendor loans and make a shareholder distribution.
In connection with the potential transaction, Axentia is offering holders of the Outstanding Bonds the opportunity to participate in a tender offer whereby the Company will repurchase Outstanding Bonds (the "Tender Offer") at a price of 102.50 per cent of the nominal amount plus accrued and unpaid interest. The Outstanding Bonds will be repurchased in accordance with the terms and conditions set out in the tender information document dated 4 May 2026 (the "Tender Information Document"). The Tender Offer is conditional upon a successful issuance of the New Bonds.
The Tender Offer will expire at 14:00 CEST on 8 May 2026, unless extended, reopened, withdrawn or terminated at the Company's discretion. Settlement of the Tender Offer is expected to occur in connection with the issuance of the New Bonds. In connection with the allocation of the New Bonds, Axentia will consider, among other factors, whether the relevant investor seeking an allocation in the issue of New Bonds has, prior to such allocation, validly tendered Outstanding Bonds pursuant to the Tender Offer, subject to the terms in the Tender Information Document.
The Tender Information Document is available at the following link: https://www.axentiagroup.com/bond/
Conditional upon the successful issuance of the New Bonds, Axentia further intends to exercise its right to make an early redemption of the Outstanding Bonds not tendered in connection with the Tender Offer at the redemption price of 102.50 per cent. of the nominal amount together with accrued and unpaid interest up to and including the redemption date. Axentia intends to
announce, in accordance with the terms and conditions for the Outstanding Bonds, if and when the Company exercises its right to make an early redemption of the Outstanding Bonds.
DNB Carnegie Investment Bank AB (publ) is acting as Sole Global Coordinator, Joint Bookrunner and Dealer Manager and Skandinaviska Enskilda Banken AB (publ) is acting as Joint Bookrunner and Dealer Manager. White & Case is acting as legal advisor to Axentia and Gernandt & Danielsson is acting as legal advisor to the Joint Bookrunners in connection with the transactions.
For further information, please contact
Dick Ollas, President and CEO
E-mail: do@axentia.se
Phone: +46 13-32 85 30
Johanna Klint, CFO
E-mail: jk@axentia.se
Phone: +46 76-063 24 57
This information is information that Axentia Group 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 persons set out above, at 07.30 CEST on 4 May 2026.
About Axentia
Axentia is a Swedish company and global supplier of end-to-end real-time information for public transport, uniting a cloud-native Transit Intelligence platform with ultra-low-power, battery-powered bus stop displays. We create opportunities for both society and people to move forward – with cost-effective, sustainable products and system solutions. For more information, visit www.axentia.se.