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NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA) OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT. THE DISTRIBUTION OF THIS DOCUMENT IN CERTAIN JURISDICTIONS (IN PARTICULAR, THE UNITED STATES AND THE UNITED KINGDOM) MAY BE RESTRICTED BY LAW.
Opus Group AB (publ) (“Opus” or the “Company”) today announces that it exercises its right to redeem all of the outstanding bonds (together, the “Bonds” each a “Bond”) in accordance with the below (the “Redemption”).
The Company has repurchased a principal amount of Bonds equal to or greater than 50 per cent. of the aggregate principal amount of the Bonds issued and may therefor exercise its right to redemption upon a Substantial Repurchase Event (as defined in the Amended and Restated Terms and Conditions of the Bonds (the “Terms and Conditions”)) pursuant to Clause 10.5 of the Terms and Conditions.
A Notice of the Redemption, dated 20 April 2020, will be distributed to bondholders of the remaining outstanding Bonds in accordance with the Terms and Conditions, and will be made available on the website of the Company (https://www.opus.global/investor-relations/tender-offer-and-written-procedure-20182022-500-msek-bonds/).
Description of the Bonds / ISIN / Outstanding Amount / Previously Repurchased Amount / Redemption Price / Minimum Denomination
May 2022 Senior unsecured callable bonds / SE0010625889 / SEK 500,000,000 / SEK 402,500,000 / 101.875% of the Outstanding Nominal Amount of each Bond / SEK 100,000
The Redemption will take place on 4 May 2020. The redemption price, together with accrued and unpaid interest up to and including 4 May 2020, will be paid to each person who is registered on a securities account as direct registered owner or nominee with respect to a Bond at end of business on 24 April 2020. In connection with the Redemption, the Bonds will be delisted from Nasdaq Stockholm.
Gothenburg, April 20, 2020
Opus Group AB (publ)
This is information was submitted for publication at 13:00 CEST on 20 April 2020.
For additional information, please contact:
Linus Brandt, CFO & Executive Vice President
Phone: +46 722 44 09 05
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