JSM Financial Group AB (publ) has issued senior unsecured floating rate notes 2017/2020 and will proceed with the redemption of its outstanding notes
JSM Financial Group AB (publ) (the “Issuer”) hereby announces that it on 19 April 2017 successfully issued the SEK 650,000,000 senior unsecured floating rate notes 2017/2020 with ISIN SE0009805500. The condition for early redemption of their up to SEK 500,000,000 Senior Unsecured Fixed Rate Notes with ISIN SE0005505807 (the “2013 Notes”) and their up to SEK 250,000,000 Senior Unsecured Fixed Rate Notes ISIN SE0007576715 (the “2015 Notes”)(together the “Note Loans”) is hence fulfilled. The Issuer further announces that it as of 19 April 2017 is holder of SEK 357,000,000 2013 Notes and SEK 90,000,000 2015 Notes.
The Issuer by way of press release on 13 April 2017, gave a conditioned notice of early redemption of the Note Loans. The Issuer hereby announces that the condition sat out therein has been fulfilled and that the Issuer will redeem the Note Loans in full.
As previously announced, the date of redemption will be 27 April 2017 for the 2015 Notes and 12 May 2017 for the 2013 Notes. Each note outstanding under the Note Loans will be redeemed at a redemption amount equal to 100 per cent. of its nominal amount together with accrued but unpaid interest. Payment will be made to each person who, in accordance with the terms and conditions of each Note Loan, is registered as “Noteholder” on 20 April 2017 in respect of the 2015 Notes and 5 May 2017 in respect of the 2013 Notes.
As a result of the exchange offer by the Issuer announced on 4 April 2017, the Issuer now holds SEK 357,000,000 of the 2013 Notes and SEK 90,000,000 of the 2015 Notes. The notes under the Note Loans held by the Issuer have been cancelled.
For further information, please contact:
| The Issuer: Martin Jönsson, CEOTelephone: +46 (0)70 565 65 50E-mail: martin@jsmgruppen.com | Financial adviser: Fredrik Edner, Head of Corporate Finance, Arctic Securities Sweden Telephone: +46 (0)73 392 79 75.E-mail: fredrik.edner@arctic.com |
This information is information that JSM Financial Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 13:00 CET on 20 April 2017.