Balder announces tender offer regarding all outstanding SEK notes maturing 2024 and 2025

Fastighets AB Balder (publ) (the "Issuer" or “Balder”)) is offering holders of the Issuer's outstanding SEK 300,000,000 FRN due January 2024 (ISIN: SE0010832931), SEK 772,000,000 FRN due March 2024 (ISIN: SE0011869684), SEK 1,264,000,000 green FRN due June 2024 (ISIN: SE0011869825), SEK 1,094,000,000 green FRN due December 2024 (ISIN: SE0013359494), SEK 300,000,000 FIX due April 2025 (ISIN: SE0013359890) and SEK 350,000,000 FRN due April 2025 (ISIN: SE0013359908) (the "Notes"),  to tender any and all of their Notes for purchase by the Issuer for cash (the "Tender Offer"), adjusted to reflect accrued interest. The Notes will be repurchased at the purchase prices and subject to the terms and conditions described in the tender information document dated 30 March 2023 (the "Tender Information Document").

The Tender Information Document can be found via the following link: https://en.balder.se/investor-relations/prospectuses.

The Tender Offer expires at 14:00 CET on 4 April 2023, unless extended, re-opened, withdrawn or terminated at the sole discretion of the Issuer. Settlement of the Tender Offer is expected to occur on 11 April 2023.

Balder has mandated Svenska Handelsbanken AB (publ) to act as Dealer Managers for the Tender Offer.

Dealer Managers:
Svenska Handelsbanken AB (publ): +46 (0)8 46 348 98  liability.management@handelsbanken.se

For further information, please contact:
Erik Selin, CEO, tel. +46 (0)31-10 95 92
Ewa Wassberg, CFO, tel. +46 (0)31-351 83 99

Fastighets AB Balder is a listed property company that owns, manages and develops residential and commercial properties in Sweden, Denmark, Finland, Norway, Germany and the United Kingdom. The head office is located in Gothenburg. As of 31 December 2022, the property portfolio had a value of SEK 217.4 billion. The Balder share is listed on Nasdaq Stockholm, Large Cap.