Rottneros confirms redemption of all outstanding notes with ISIN: SE0010297804

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Rottneros AB (publ) (“Rottneros”) today announces that it will redeem its up to SEK 600,000,000 senior unsecured floating rate notes with ISIN: SE0010297804 (the “Notes”).

On 22 June 2021, Rottneros announced that it had given conditional notice of early redemption to each person directly registered, as of 21 June 2021, in the debt register (Sw. skuldbok) kept by Euroclear with respect to the Notes (the “Notice”).

Rottneros hereby confirms that it has waived the condition for redemption (as set out in the Notice). Consequently, and thus, that the Notes will be redeemed on 19 July 2021 (the “Redemption Date”), in accordance with the Notice and the press release on 22 June 2021.

The Notes will be redeemed at an amount equal to 102.075 per cent of the nominal amount of each Note plus, as at the Redemption Date, accrued but unpaid interest (the "Redemption Amount").

The Redemption Amount will be disbursed to each person who is registered on a securities account as a direct registered owner (Sw. ägare) or an authorised nominee (Sw. förvaltare) with respect to the Notes at the end of business on 12 July 2021 (the "Record Date") in the debt register (Sw. skuldbok).

In connection with the redemption, the Notes will be delisted from Nasdaq Stockholm and the last day of trading in the Notes will be on or around the Record Date (i.e. 12 July 2021).

 

For further information, please contact:

Monica Pasanen, CFO, Rottneros AB
+46 (0)270 622 70, 
monica.pasanen@rottneros.com

 

This is information that Rottneros is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information was submitted for publication, through the agency of the contact person set out above, at 9.00 (CEST) on 8 July 2021.


 

Rottneros AB (publ) 
Box 144, 826 23 Söderhamn 
+46 (0)270 622 00 
rottneros.com 
info@rottneros.com

Rottneros is an independent producer of market pulp. The Group comprises the parent company Rottneros AB, listed on Nasdaq Stockholm, and its subsidiaries Rottneros Bruk AB and Vallviks Bruk AB with operations involving the production and sale of market pulp. The Group also includes Rottneros Packaging AB, which manufactures fibre trays, the wood procurement company Rottneros Baltic SIA in Latvia and the forest operator Nykvist Skogs AB. The Group has about 318 employees and had a turnover of approximately SEK 2,1 billion in the 2020 financial year.

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