SGL TransGroup completes subsequent bond issue

SGL TransGroup International A/S (the "Company" and the Company together with TransGroup Global Inc., and all their respective subsidiaries from time to time, the "Group") has successfully placed a subsequent bond issue in an amount of EUR 27 million under the framework of its outstanding bond loan with ISIN SE0013101219, following which the total outstanding amount will be EUR 250 million. The subsequent bond issue was priced at 98.50 per cent of par.

The net proceeds from the subsequent bond issue will be used for general corporate purposes including acquisitions. The Company will apply for listing of the subsequent bonds on both Nasdaq Stockholm and Frankfurt Stock Exchange Open Market.

As announced on 22 September 2020, the Company will, subject to settlement of the subsequent bonds, terminate the waiver period adopted in the written procedure announced on 20 April 2020. Consequently, the temporary amendments agreed as part of that waiver period, including a bar on subsequent bond issues for the duration of the waiver period, will be annulled in connection with settlement of the subsequent bonds.

Pareto Securities AB acted as lead manager and sole bookrunner on the subsequent bond issue.
    

      
Information:
This information is information that SGL TransGroup International A/S is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CEST on 25 September 2020.

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