25 May 2022
SSG BidCo A/S – conditional call to redeem its outstanding bond loan
SSG BidCo A/S (the “Issuer”) announces that its senior secured floating rate bonds with initial issue date on 21 October 2019, ISIN SE0013234325 (the “Bonds”) will be redeemed in accordance with Clause 9.3 (Voluntary total redemption (call option)) of the terms and conditions for the Bonds (the “Voluntary Redemption”). The Voluntary Redemption is conditional upon the Issuer receiving satisfactory evidence no later than on 15 June 2022 (the "Record Date") that the Issuer will receive funds to refinance the Bonds in connection with the transfer of all shares in the Issuer to BELFOR Danmark A/S (the “Condition”). If the Condition is satisfied, the Bonds will be redeemed at a price per Bond equal to 103.00 per cent of the nominal amount plus any accrued and unpaid interest to, and including, the redemption date. The redemption date is expected to fall on 22 June 2022 (the “Redemption Date”).
The redemption amount, including accrued and unpaid interest, will be paid to each person who is registered as Bondholder in the debt register maintained by Euroclear Sweden at end of business on the Record Date, being 15 June 2022. In connection with the Voluntary Redemption, the Bonds will be delisted from Nasdaq Stockholm.
Satisfaction of the Condition will be confirmed to the Bondholders through a press release no later than on the Record Date.
This is information that SSG BidCo 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, on 25 May 2022 at 05:00 CET.