SGL TransGroup International A/S completes issuance of new senior secured fixed rate bonds

SGL TransGroup International A/S (the "Company" and the Company together with its respective subsidiaries from time to time, the “Group”) has following a bookbuilding process successfully placed EUR 150 million of senior secured fixed rate bonds under a framework of EUR 350 million to qualified investors in the Nordics and Europe (the “New Bonds”). The New Bonds will have a tenor of approximately 4 years and carry a fixed rate coupon of 7.75 per cent per annum.

Proceeds from the transaction will be used to finance contemplated acquisitions, for general corporate purposes, and to finance the tender offer described below.

As announced on 23 March 2021, the Company offered holders of the Company’s outstanding senior secured floating rate bonds maturing on 4 November 2024 with ISIN SE0013101219 to tender any of their bonds (the “Tender Offer”) in connection with the issue of New Bonds. Following a bookbuilding process, the purchase price was set at 100.125 per cent of par and the Company has set the gross transaction cap at EUR 57.8 million. The settlement date for the Tender Offer will be 8 April 2021.

Pareto Securities AB acted as lead manager and sole bookrunner in respect of the issuance of the New Bonds and as sole bookrunner and tender agent for the Tender Offer
  

For further information, please contact:

Sole Bookrunner and Tender Agent:
Markus Wirenhammar, Head of Investment Banking, +46 70 872 51 86

SGL TransGroup International A/S:
Claes Brønsgaard Pedersen, Global CFO, (+45) 32 48 00 00, Email: ir@scangl.com

This information is information that the Issuer is obliged to make public pursuant to the EU Market Abuse Regulation and the and the Swedish securities markets act (2007:528). The information was submitted for publication, through the agency of the contact person set out above on 30 March 2021, at 22:10 CET.