BEWiSynbra calls for early redemption of 2017/2020 bonds with ISIN SE0009857980

BEWiSynbra Group AB (publ) (“BEWiSynbra”) hereby informs that it, by publishing a notice of redemption, irrevocably and unconditionally exercises its right to call for an early redemption of the senior secured floating rate bonds issued by BEWiSynbra on 8 June 2017 (ISIN SE0009857980) in the total amount of SEK 550 million with final maturity date on 8 June 2020 (the “SEK Bonds”), with the early redemption date being 3 April 2020 and the record date being 27 March 2020.

In accordance with clause 9.3(b) of the terms and conditions of the SEK Bonds, the SEK Bonds will be redeemed to an amount equal to 100 per cent. of the aggregate nominal amount of the SEK Bonds (together with all accrued and unpaid interest). 

Pursuant to the terms and conditions of the SEK Bonds, an early redemption notice will be sent to the holders of the SEK Bonds by Nordic Trustee & Agency AB (publ) and published on the website of BEWiSynbra and Nordic Trustee & Agency AB (publ).

The SEK Bonds will be de-listed from the corporate bonds list at Nasdaq Stockholm on or prior to the redemption date. 

For further information, please contact:

Hanna Laurentz,
Director of Communications and IR,
BEWiSynbra Group AB (publ),
tel: +46 70 177 44 00

Marie Danielsson,
CFO,
BEWiSynbra Group AB (publ),
tel: +46 70 661 0047

 

About BEWiSynbra Group AB (publ)

BEWiSynbra Group is one of the largest vertically integrated producers of expandable polystyrene (EPS) in Europe, focusing on sustainable solutions for packaging and technical components, as well as insulation. Sustainability and innovation are key drivers for the Group’s competitive advantage, and BEWiSynbra has an ambitious approach to its recycling initiatives.