Closing of €300 million Senior Secured Notes offering

Ovako AB (publ) has successfully concluded its refinancing through raising €300 million of Senior Secured Notes due 2019 (the "Notes") at 6.50%. The net proceeds from the issuance and sale of the Notes will be mainly used to repay the amounts outstanding under certain existing indebtedness and general corporate purposes.

The Notes are being issued by Ovako AB (publ) and are guaranteed on a senior secured basis by Ovako Group AB and selected subsidiaries.

This press release is for information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any security in the United States or in any other jurisdiction. The Notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) and may not be offered or sold in the United States absent registration or an applicable exemption from registration.

Further information can be obtained from:
Viktoria Karsberg, Head of Group Communications, +46 70 209 93 96

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