SIBS to redeem its outstanding senior unsecured floating rate green bonds 2020/2025 with ISIN SE0014965729
SIBS AB (publ) ("SIBS") hereby refers to its senior unsecured floating rate bonds 2020/2025 with ISIN SE0014965729 (the "Bonds") and to the terms and conditions of the Bonds (the "Terms and Conditions").
Reference is further made to a call notice dated 24 September 2024, in which SIBS informed the holders of the Bonds that it was exercising its option to redeem all outstanding Bonds in full pursuant to Clause 10.4 (Voluntary total redemption (call option)) of the Terms and Conditions (the "Call Notice") on 18 October 2024 (the "Redemption Date"). SIBS' obligation to redeem the Bonds on the Redemption Date was conditional upon SIBS (i) successfully placing and issuing senior unsecured floating rate bonds (the "New Bonds") and (ii) satisfying the conditions precedent for disbursement of the net proceeds from the New Bonds (together, the "Conditions").
SIBS hereby confirms that the Conditions are fulfilled and undertakes to unconditionally redeem the outstanding Bonds on 18 October 2024 in accordance with the Call Notice.
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For more information, please contact: Erik Thomaeus CEO, SIBS AB et@sibs.se +46 70-755 78 98 |
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This information is the kind of inside information that SIBS AB (publ) is obliged to make public in accordance with the EU Market Abuse Regulation and the Swedish Securities Market Act. The information was submitted for publication, through the contact people above, at 4.30 pm CET on 10 October 2024. |
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SIBS AB was founded in 2016 and is today one of the world's leading modular building manufacturers with a scalable capacity of up to around 6 000 homes per year. SIBS has the entire integrated value chain for industrial construction within the group - from design and configuration in its own building system, industrial production in its own factories and onsite assembly/finalization. With the help of digitalization and technology, we set a new standard in the construction industry. SIBS bond is listed on Nasdaq Stockholm. Read more at www.sibs.se. |
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