Wallenstam announces results from tender offer of outstanding bonds
Wallenstam AB (publ) (the "Issuer" or "Wallenstam") announces the results of the tender offer (the "Tender Offer") to the holders of Wallenstam's outstanding floating rate senior unsecured bonds with maturity on 23 November 2022, with outstanding amount of SEK 250 million (ISIN: SE0010598870) (the "Notes"). The Tender Offer expired at 12:00 CEST on 28 September 2022. Notes in an aggregate amount of SEK 69,000,000 have been validly tendered and accepted by the Issuer.
The price for the Notes in the Tender Offer amount to 99.90 percent of the nominal amount per Note. Wallenstam will also pay accrued and unpaid interest from, but excluding, the previous interest payment date until, and including, the settlement date for the Tender Offer. Settlement date for the Tender Offer is expected to occur on 30 September 2022.
Settlement of the transactions pursuant to the Tender Offer will occur as a secondary trade via Nordea Bank Abp. All tendering noteholders should coordinate the trade bookings with their local sales representative immediately. The Issuer intends to cancel Notes purchased pursuant to the Tender Offer in accordance with the terms and conditions of the Notes.
Contact information to the dealer manager:
Nordea Bank Abp: +46 8 407 90 75, dcmsweden@nordea.com
For further information, please contact:
Susann Linde, CFO and Head of Investor Relations Wallenstam AB (publ) tel. +46 31 20 00 00 or +46 705 17 11 34
www.wallenstam.se
Wallenstam is a property company that manages, builds and develops properties for sustainable living and enterprise in Stockholm, Gothenburg and Uppsala. The property holding is valued at around SEK 65 billion and the customer base consists of around 12,000 households and 1,000 enterprises. The total lettable area is around 1 million sq m. Wallenstam is self-sufficient in renewable electrical energy through its own wind turbines in operation. The company’s B shares have been listed on Nasdaq Stockholm since 1984.