BEWiSynbra Group AB (publ) gives unconditional notice for early redemption of 2018/2022 bonds with ISIN SE0010985556 and 2019/2023 bonds with ISIN SE0013409455
25-08-2021
BEWiSynbra Group AB (publ) gives unconditional notice for early redemption of 2018/2022 bonds with ISIN SE0010985556 and 2019/2023 bonds with ISIN SE0013409455
On 24 August 2021 BEWiSynbra Group AB (publ) (the “Issuer”) announced that it will give notice to the holders of its up to EUR 100,000,000 Senior Secured Floating Rate Notes due 2022 (ISIN: SE0010985556) (the “2022 Bonds”) and its up to EUR 115,000,000 Senior Secured Floating Rate Notes due 2023 (ISIN: SE0013409455) (the “2023 Bonds”) (the 2022 Bonds and the 2023 Bonds are collectively referred to as the “Bonds”), that it exercises its option for early redemption of the Bonds in accordance with clause 9.9 of the terms and conditions for the 2022 Bonds and clause 9.10 of the terms and conditions for the 2023 Bonds. The redemption notices have today been distributed to the bondholders and are also attached to this press release.
The redemption is unconditional, and the redemption date is set to 6 September 2021. The redemption amount, together with accrued and unpaid interest up to and including the redemption date, will be paid to each person who is registered as a bondholder as of the record date, 30 August 2021, in the debt register maintained by Euroclear Sweden. Eligible bondholders that have participated in the early voting offer pursuant to the written procedures that were instigated on 9 August 2021 relating to the Bonds will, subject to the terms of the notices of written procedure issued in connection therewith, receive an early consent fee in an amount equal to 0.250 per cent. of the nominal amount of each Bond no later than on 8 September 2021.
For further information, please contact:
Charlotte Knudsen, Director of IR and Communications BEWI ASA, tel: +47 975 61 959
Marie Danielsson, CFO BEWI ASA, tel.: +46 70 661 0047
About BEWI ASA
BEWI ASA, the owner of BEWiSynbra Group AB (publ), is an international provider of packaging, components, and insulation solutions. The company’s commitment to sustainability is integrated throughout the value chain, from production of raw materials and end goods, to recycling of used products. With a vision to protect people and goods for a better every day, BEWI is leading the change towards a circular economy.
BEWI ASA is listed at the Oslo Børs under ticker BEWI.
The information was submitted for publication, through the agency of the contact person set out above, at 16:35 CEST on 25 August 2021.
