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 “Company”) today announces the results of its offer directed at holders of the Company’s outstanding senior secured sustainability-linked floating rate bonds maturing on 14 June 2026 (ISIN: SE0019173725) with an outstanding amount of SEK 1,850,000,000 (the “Bonds”) regarding a tender of any and all of their Bonds for purchase by the Company for cash at a price of 103.63 per cent. of the nominal amount (the “Tender Offer”). The Tender Offer expired on 10 October 2024 and was made subject to the terms and conditions described in the tender information document dated 7 October 2024 ("Tender Information Document").

At the time of expiration of the Tender Offer, the Company had received valid tenders in an aggregate nominal amount of SEK 951.25 million pursuant to the Tender Offer. The Company has accepted for purchase all valid tender instructions from holders of Bonds.

In addition to the purchase price, the Company 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 24 October 2024.

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 Company intends to cancel Bonds repurchased pursuant to the Tender Offer in connection with the full redemption of the Bonds.

Managers:
ABG: dcm-syndicate@abgsc.se
Nordea: +45 6136 0379, NordeaLiabilityManagement@nordea.com
Pareto: caroline.nytvedt@paretosec.com

For further information, please contact the Company at:
First Camp Group AB
Göran Meijer, CFO,
+46 707 180575
goran.meijer@firstcamp.se