Cloetta places five year SEK 1,000m bond issue

NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, WITHIN OR TO THE UNITED STATES, AUSTRALIA, HONG KONG, JAPAN, CANADA, SWITZERLAND, SOUTH AFRICA OR NEW ZEALAND OR IN ANY OTHER JURISDICTION WHERE THE DISTRIBUTION OF THIS PRESS RELEASE WOULD BE UNLAWFUL.

Cloetta AB (publ) has today placed senior secured notes of SEK 1,000m. The notes have a floating rate coupon of three-month STIBOR plus 3,10 % and mature in September 2018. Cloetta will apply for a listing of the notes on NASDAQ OMX Stockholm.

“This represents Cloetta’s debut bond issue and we are very pleased with the investor interest which led to an offering which was over-subscribed several times. The issuance of the notes will diversify and extend Cloettas’s funding profile as well as create increased operational flexibility. We intend to use the proceeds to partially refinance existing bank loans”, says Danko Maras, CFO, Cloetta.

Handelsbanken Capital Markets and Nordea Markets are acting as Joint Bookrunners for the issue.

The information contained in this press release is such that Cloetta is required to disclose pursuant to the Swedish Financial Instruments Trading Act and/or the Swedish Securities Markets Act. The information was submitted for publication on 6 September 2013 at 15.00 CET.

IMPORTANT NOTICE The information in this press release is not for release, publication or distribution, either directly or indirectly, in or into the United States, Australia, Hong Kong, Japan, Canada, Switzerland, Singapore, South Africa or New Zealand. The distribution of this press release may be prohibited in certain other jurisdictions. The information in this press release shall not constitute an offer to sell or an invitation to purchase any securities in Cloetta AB (publ) (“Cloetta”) in any jurisdiction. This press release does not constitute, nor does it form part of, an offer or invitation to purchase or subscribe for securities in the United States. The securities referred to herein may not be offered or sold in the US without registration, or under an exemption from registration, pursuant to the US Securities Act of 1933, as amended.

This press release is only addressed to and directed at persons in member states of the European Economic Area (the “EEA”), who are “Qualified Investors” within the meaning of Article 2(1)(e) of the Prospectus Directive. The Notes are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with Qualified Investors. This press release should not be acted upon or relied upon in any member state of the EEA by persons who are not Qualified Investors. For the purposes of this provision the expression “Prospectus Directive” means Directive 2003/71/EC (and amendments thereto, including the 2010 PD Amending Directive, to the extent implemented in the Relevant Member State), and includes any relevant implementing measure in the Relevant Member State and the expression “2010 PD Amending Directive” means Directive 2010/73/EU.

Contacts
Danko Maras, Chief Financial Officer, 46 8-52 72 88 08
Jacob Broberg, Senior Vice President Corporate Communications and Investor Relations, 46 70-190 00 33

About Cloetta
Cloetta, founded in 1862, is a leading confectionary company in the Nordic region, the Netherlands, and Italy. In total, Cloetta products are sold in more than 50 countries worldwide. Cloetta owns some of the strongest brands on the market, such as Läkerol, Cloetta, Jenkki, Kexchoklad, Malaco, Sportlife, Saila, Red Band and Sperlari. Cloetta has 10 production units in five countries. Cloetta’s class B-shares are traded on NASDAQ OMX Stockholm. More information about Cloetta is available on www.cloetta.com