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Bergkvist Siljan to redeem all of its issued bonds

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Bergkvist Siljan has today decided to fully redeem all of its issued bonds with ISIN SE0012673952. The remaining nominal amount, along with a premium according to the terms and conditions as well as accrued interest, will be paid on October 28 2021. The record date is October 21 2021.

- The strong and sustainable effects of the synergy initiatives and the positive market development during 2021 have improved the Group’s financial position. To redeem the bonds in entirety with cash flow from operations after less than 30 months and during a global pandemic is a sign of the solid work of all the employees in the Group, says Anders Nilsson, Group CEO.

After the repurchase, the debt items of the Group will consist of leasing agreements and shareholder loans. The Group’s operating financing with a revolving credit facility will remain at Swedbank.

- The bond enabled the merger between Bergkvist-Insjön and Siljan Group. The lowered gross debt will be an advantage in our continued effort to improve our core operations.

The bonds are listed at Nasdaq Stockholm and the Open Market of the Frankfurt Stock Exchange. The bonds will be delisted as part of the process and last day of trading will be October 15 2021.

Contact:

Anders Nilsson, Group CEO, anders.nilsson@bergkvistsiljan.com 

This is information that Bergkvist-Siljan AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 09.00 CET on October 7, 2021.

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