Nobina gives notice of De-listing Event and voluntary repurchase offer under bond terms and conditions
Reference is made to Nobina AB’s (publ) (“Nobina”) senior secured floating rate green bonds 2019/2024 (the ”Bonds”) and the terms and conditions for the Bonds (the ”Terms and Conditions”). Any capitalised term in this press release not otherwise defined herein shall have the same meaning ascribed to it in the Terms and Conditions.
As announced by way of Nobina’s press release on 3 February 2022, yesterday, 16 February 2022, was the last day of trading in the shares in Nobina on Nasdaq Stockholm. The de-listing constitutes a De-listing Event under the Terms and Conditions and Nobina has today sent a notice regarding the De-listing Event to the holders of the Bonds and their agent Nordic Trustee.
The De-listing Event provides each bondholder with a right (but not an obligation) to, within a certain time period, request that Nobina repurchases all, or some only, of its Bonds at a price equal to 101.00 per cent. of the nominal amount together with accrued but unpaid interest.
The abovementioned notice to the bondholders and their agent, which contains more information regarding the repurchase right, is available at Nobina’s webpage, https://www.nobina.com/investors/financial-information/green-bond/.
The Issuer has appointed Swedbank to act as paying agent in connection with the repurchase right. Gernandt & Danielsson has been appointed as legal counsel.
For further information, please contact:
Mattias Gelinder, Group Treasurer & Head of IR
mattias.gelinder@nobina.com +46 72 967 02 61
David Erixon, Head of Communications
david.erixon@nobina.se +46 72 967 02 84
About Nobina
This is Nobina. We are the Nordic region’s largest public transport operator, with 12,000 employees across four countries. Every day, all year round, one million people choose to travel more sustainably with us. From north to south, in urban and in rural areas. To the next bus stop, or all the way home. Together with our passengers and clients, we are big enough to make a real difference. From a welcoming greeting and a comfortable bus journey, to new smart technology that contributes to more fossil-free travel. A unique opportunity to bring about change.
The Group operates in Sweden, Norway, Denmark and Finland and reported sales of almost SEK 11 billion in 2020/2021. In the Swedish and Danish markets, Nobina also operates special needs transportation under the Samtrans, Göteborgs Buss, Telepass and Ørslev brands, respectively.
Together, we keep society moving every day.
More information is available on: www.nobina.com