Hedin Mobility Group receives approval from bondholders in the written procedure under its senior unsecured bonds 2023/2026
Hedin Mobility Group AB (publ) (the “Company”) today announces the successful completion of the written procedure that was initiated on 17 March 2026 (the “Written Procedure”) under the terms and conditions of the Company’s outstanding senior unsecured callable floating rate bonds with ISIN SE0018742033 (the “Bonds”).
The Company initiated the Written Procedure on 17 March 2026 in order to request the bondholders’ approval of, among other things: (i) the extension of the final redemption date of the Bonds by 15 months to 7 October 2027, (ii) in consideration of the extension, amending the redemption price at the final redemption date from 100 per cent. to 106 per cent. of the nominal amount, (iii) incorporating an optional early partial redemption right, allowing the Company to redeem the Bonds, in whole or in part, at increasing redemption prices prior to the new final redemption date, (iv) incorporating a mandatory partial redemption undertaking in relation to proceeds from certain disposals of entities and business units which will be applied towards prepayment of the Bonds and the Bank Facilities (as defined below) as further described in the notice of Written Procedure, (v) removal of permitted distributions to shareholders and subordinated creditors and (vi) incorporating additional restrictions to permitted debt and permitted security (the “Amendments”).
A sufficient number of bondholders participated in the Written Procedure in order to form a quorum, and a requisite majority of the bondholders voted in favour of approving the proposed Amendments to the Bonds. Accordingly, the agent, CSC (Sweden) AB (the “Agent”), has today concluded the Written Procedure.
For more information regarding the Written Procedure, and a more detailed description of the Amendments, please see the notice of the Written Procedure on the Company’s and the Agent’s respective websites.
For questions regarding the administration of the Written Procedure, please contact CSC (Sweden) AB at se.trustee@cscglobal.com or + 46 8 402 72 00.
For further information, please contact the Company at:
Anders Hedin
CEO & President
ir@hedinmobilitygroup.com
Magnus Matsson
Global Communications Director
+46 31-790 00 82
ir@hedinmobilitygroup.com
About Hedin Mobility Group
Hedin Mobility Group is one of Europe's largest mobility providers, with approximately 11,000 employees and operations in 13 countries. In 2025, net sales amounted to approximately SEK 90 billion and the Group sold approximately 260,000 vehicles.
Our operations consist of three main business areas:
- In Distribution, we are a significant importer/distributor of vehicles, spare parts, tires, rims and wheels as well as accessories on the European market. We are importer and/or distributor for Corvette, Dodge and RAM, Ford and Ford F-150, Hongqi, INEOS Grenadier, IVECO, BYD Trucks, MG, XPENG and NIO, as well as Renault, Dacia and Alpine. Within spare parts we are, among other things, an authorised partner for GM and Mopar in Europe as well as the exclusive global supplier of Saab Original parts.
- In Retail, we represent more than 50 brands and provide a comprehensive offer – sales, financing, insurance, and aftermarket services – comprising new and used passenger cars, commercial vehicles, and trucks to both private and corporate customers. Sales take place both online and via a European dealer network comprising more than 310 own dealerships with a total of over 800 sales points under the names Hedin Automotive and Carstore.
- In Mobility Solutions, we address new user needs and sales models in the automotive industry by providing and developing innovative services. Through Carplus, Unifleet, MABI Mobility and Hedin Supercharge, users are offered various flexible and modern mobility solutions.
Hedin Mobility Group's operations also include Hedin IT, which provides the Group with high-end operations, support and digital development, as well as strategic investments in Mercedes-Benz Financial Services Slovakia, Lasingoo Sverige and Casi Group.
Read more on www.hedinmobilitygroup.com
Part of Hedin Group
Hedin Mobility Group is part of the Hedin Group together with the Hedin Construction group and I.A. Hedin Fastighet AB. Hedin Group is also a partner in Consensus Asset Management.
www.hedingroup.com
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