Cherry issues secured bonds of EUR 134.5 million

Cherry AB (publ) issues additional secured bonds of nominal EUR 134.5 million in agreement with the press release published on December 12, 2016. The liquidity is intended to fund the acquisition of the remaining 51 percent of ComeOn Malta Ltd.'s shares. The bonds are issued under the existing bond loan (ISIN SE0008321616) maturing on July 11, 2020.

The commitment is for up to EUR 135 million, which will be issued with a rate of 104.5 of nominal amount corresponding to an annual coupon equivalent to 7.58 per cent.

ABG Sundal Collier has acted as financial advisor and Roschier Law Firm has acted as legal adviser in the transaction.

For further information, please contact:

Anders Holmgren, CEO,+46 708 607 534, anders.holmgren@cherry.se
Carolina Haglund Strömlid, Head of Investor Relations & Communications, +46 708 807 173, carolina.stromlid@cherry.se 

This information is information that Cherry 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 on April 24, 2017.

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