Telia announces a tender offer in respect of certain outstanding SEK and EUR notes
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Telia Company AB (“Telia”) has today announced an invitation to holders of its outstanding SEK 600,000,000 3.995 per cent. Notes due 7 November 2024 (XS2553184461), SEK 2,400,000,000 Floating Rate Notes due November 2024 (XS2553183810), EUR 650,000,000 3.875 per cent. Notes due 1 October 2025 (XS0545428285) and EUR 500,000,000 3.00 per cent. Notes due 7 September 2027 (XS0826189028) to tender (i) their SEK denominated notes and (ii) up to an aggregate principal amount of EUR 500 million of the EUR denominated notes, in each case for purchase by Telia for cash (the “Tender Offer”) subject to the conditions and the restrictions described in the tender offer memorandum dated 4 March 2024 (the “Tender Offer Memorandum”).
The tender offer expires on 11 March 2024 at 5.00 pm CET, pricing time will be at 2.00 pm CET on 12 March 2024 and settlement is expected to be on 13 March 2024. Details of the Tender Offer and the timeline are available in the launch announcement via Luxembourg Stock Exchange and the Tender Offer Memorandum is available via the tender agent (https://deals.is.kroll.com/telia).
Telia will pay for SEK denominated notes accepted by it for purchase pursuant to the Tender Offer a fixed purchase price and for EUR denominated notes a price to be determined at the pricing time and date based on a fixed purchase spread, all as set out in the Tender Offer Memorandum.
For more information, contact Irene Krohn on +46 (0)771 77 58 30, visit our newsroom and follow us on LinkedIn and X. To download our logo, high-resolution images of Telia leaders, offices and solutions or B-roll footage for editorial use, visit our media bank.
Announcements with respect to the Tender Offers will be made via a notifying news service, on the website of the Luxembourg Stock Exchange at www.luxse.com and through the clearing systems.
This information is information that Telia Company AB 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 10:20 CET on March 4, 2024.
We are Telia Company. Our approximately 19,000 talented colleagues serve millions of customers every day in one of the world’s most connected regions. With a strong connectivity base, we’re the hub in the digital ecosystem, empowering people, companies and societies to stay in touch with everything that matters 24/7/365 - on their terms. Read more at www.teliacompany.com
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