Baseload Capital announces satisfaction of financing condition and declare the notice of early redemption of its bonds unconditional
Baseload Capital Sweden AB (publ) (“Baseload”) today announces that the Financing Condition (as defined below) for its early voluntary redemption of all its bonds with ISIN SE0011923267 (the “Bonds”) has been satisfied.
We refer to the previous notice of conditional early redemption dated 31 May 2022 pursuant to which Baseload exercised its option to redeem in full all outstanding Bonds on 29 June 2022 (the “Redemption Date”) in accordance with Clause 9.3 (Voluntary total redemption (call option)) of the terms and conditions of the Bonds. Baseload’s obligation to redeem the Bonds on the Redemption Date was conditioned upon Baseload, prior to the record date (being 21 June 2022), being satisfied that it would receive the necessary funds to redeem the Bonds in full (the “Financing Condition”).
Baseload hereby confirms that the Financing Condition has been met and that the Bonds will be unconditionally redeemed in full on the Redemption Date.
This disclosure contains information that Baseload Capital Sweden AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 17-06-2022 14:00 CET.
For more information, please contact:
Alexander Helling CEO of Baseload Capital
alexander.helling@baseloadcap.com
About Us
Baseload Capital is a specialized investment entity that funds the deployment of heat power worldwide. Our portfolio of companies in Iceland, Japan, Taiwan and the U.S. work with local communities and power companies to permit, build and commission heat power plants.
Heat power is an affordable form of renewable energy that can be harnessed from either geothermal resources or waste heat. By applying innovative financing structures to help our local operators build and run the heat power plants, Baseload Capital can help nations quickly transition away from fossil fuels and toward energy independence. The result will lead to more resilient societies and a planet in balance.
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