First Camp announces results from tender offer

NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA) OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) (THE "SECURITIES ACT") OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT. THE DISTRIBUTION OF THIS DOCUMENT IN CERTAIN JURISDICTIONS (IN PARTICULAR, THE UNITED STATES AND THE UNITED KINGDOM) MAY BE RESTRICTED BY LAW

First Camp Group AB (the “Issuer”) today announces the final results of its offer to holders of the Issuer’s outstanding senior secured floating rate bonds maturing on 5 June 2023 (ISIN: SE0013409570) with an outstanding amount of SEK 1,360,000,000 (the “Bonds”) to tender any and all of their Bonds for purchase by the Issuer for cash at a price of 100.00 per cent. of the nominal amount (the “Tender Offer”). The Tender Offer expired at 13:00 CET on 1 December 2022 and was made subject to the terms and conditions described in the tender information document dated 21 November 2022 ("Tender Information Document").

At the time of expiration of the Tender Offer, the Issuer had received valid tenders in an aggregate nominal amount of SEK 892,500,000 pursuant to the Tender Offer. The Issuer has accepted for purchase all valid tender instructions from holders of Bonds.

In addition to the purchase price, the Issuer will also pay accrued and unpaid interest from, but excluding, the previous interest payment date until, and including, the settlement date. The settlement date for the Tender Offer is expected to occur on 14 December 2022.

Settlement of the transactions pursuant to the Tender Offer will occur as a secondary trade via ABG Sundal Collier AB (“ABG”), Nordea Bank Abp (“Nordea”) and Pareto Securities AS (“Pareto”). All tendering holders should coordinate the trade bookings with their local sales representative immediately. The Issuer intends to cancel Bonds repurchased pursuant to the Tender Offer.

Dealer Managers:
ABG:  dcm-syndicate@abgsc.se

Nordea: +45 6136 0379, NordeaLiabilityManagement@nordea.com

Pareto: caroline.nytvedt@paretosec.com

For further information, please contact the Issuer at:

First Camp Group AB
Göran Meijer, CFO
goran.meijer@firstcamp.se
+46(0)70 - 718 05 75