Nobina Europe AB (publ) calls for early redemption of bonds with ISIN SE0005797578
On 3 June 2015, Nobina AB (publ) announced its intention to repay Nobina Europe AB’s (publ) outstanding bonds with ISIN SE0005797578 (the “Bonds”) with proceeds from its initial public offering. Nobina Europe has today given notice of exercise of its option for early redemption of the Bonds in full to all directly registered owners and registered authorised nominees (Sw. förvaltare) of the Bonds as of July 8, 2015.
The date on which the redemption will occur will be August 11, 2015 (the “Early Redemption Date”). The Bonds will be redeemed at an amount equal to the sum of:
(a) 104 per cent of the nominal amount (i.e. SEK 1,040,000 per Bond);
(b) the present value on the relevant record date of the remaining interest payments (excluding accrued but unpaid interest up to the Early Redemption Date) up to and including the first call date 14 November 2016;
both calculated by using a discount rate of 50 basis points over the comparable Swedish government bond rate (together, the make whole amount); and
(c) accrued interest from, but excluding, the preceding interest payment date up to and including the Early Redemption Date.
The redemption amount will be disbursed to holders registered as owners of Bonds on the record date August 4, 2015. The last trading date to have a transaction registered on such record date is July 31, 2015. In connection with the redemption, the Bonds will be delisted from the corporate bond list at Nasdaq Stockholm.
For questions please contact your nominee initially.
Nobina discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 2 p.m. CET on July 10, 2015.
For more information, please contact:
Stina Thorman, Acting Head of Investor Relations, Nobina
Telephone: +46 8 410 650 71
E-mail: stina.thorman@nobina.com
Nobina is the largest and most experienced public bus transport service provider in the Nordic region. The company’s expertise in prospecting, tendering and active management of public bus transport contracts in combination with long-term delivery quality makes Nobina an industry leader in terms of profitability, development and initiatives that promote a healthier industry. Every day, Nobina ensures that more than one million people arrive at work, school or other activities by delivering contracted public bus transport services in Sweden, Norway, Finland and Denmark. In addition, Nobina offers express bus services under the Swebus brand in the Swedish market. The company has approximately 7,600 full-time equivalent employees and is headquartered in Stockholm. For more information, visit: www.nobina.com.
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