Corem Property Group announces a withdrawal of the tender offer for its outstanding 2020/2023 bonds and for Corem Kelly’s outstanding 2019/2023 bonds
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Corem Property Group AB (publ) (“Corem”) has decided to withdraw the outstanding tender offer for the Corem 2020/2023 SEK bonds and Corem Kelly AB (publ)’s (previously Klövern AB (publ)) 2019/2023 SEK bonds announced on 22 September 2022 (the “Previous Press Release”) due to prevailing market conditions. Furthermore, Corem has decided not to proceed with the proposed issuance of new green SEK senior unsecured bonds at this time. Corem will continue to monitor the market and look forward to re-engaging with Swedish investors in the future. Consequently, pursuant to the conditions stated in the Tender Information Document referred to in the Previous Press Release, the tender offer is terminated.
Corem Property Group AB (publ)
FOR FURTHER INFORMATION, PLEASE CONTACT
Eva Landén, CEO, +46 10 482 76 50, eva.landen@corem.se
Anna-Karin Hag, CFO, +46 10-482 76 54, anna-karin.hag@corem.se
Lars Norrby, IR, +46 76 777 38 00, lars.norrby@corem.se
Corem Property Group AB (publ)
Address: P.O. Box 56085, SE-102 17 Stockholm
Visitors: Riddargatan 13 C
Reg.no: 556463-9440
www.corem.se
This information is information that Corem Property Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the contact persons above on 27 September 2022 at 10:00 CEST.
This press release is in all respects a translation of the Swedish original press release. In the event of any discrepancies between this translation and the Swedish original, the latter shall prevail.
Corem Property Group is one of the Nordic countries´ leading real estate companies that in a sustainable way owns, manages and develops commercial properties in urban and growth areas. Corem Property Group is listed on Nasdaq Stockholm, Large Cap.