Corem Property Group AB (publ) (“Corem”) hereby announces that it is exercising its right to voluntarily redeem all outstanding senior unsecured floating rate green bonds due on 21 October 2024 with ISIN SE0017132681 (the “Bonds”). The outstanding nominal amount, excluding Corem’s holdings and valid tenders accepted pursuant to the tender offer announced by Corem on 17 September 2024, amounts to SEK 610,000,000.
In accordance with the terms and conditions of the Bonds, Corem is today notifying the bondholders that Corem calls for voluntary early redemption of all outstanding Bonds. Each Bond will be redeemed at an amount equal to 100.00 per cent. of the nominal amount together with accrued and unpaid interest up to, and including, the redemption date (11 October 2024).
Payment will be made to bondholders who on 4 October 2024 is registered in the debt register as a “Bondholder” in accordance with the terms and conditions of the Bonds. The redemption date is determined to 11 October 2024. The last day of trading of the Bonds is scheduled for 2 October 2024.
This notice for voluntary early redemption is irrevocable.
Corem Property Group AB (publ)
For further information, please contact
Rutger Arnhult, CEO, +46 70 458 24 70, rutger.arnhult@corem.se
Eva Landén, deputy CEO, +46 10 482 76 50, eva.landen@corem.se
Corem Property Group AB (publ)
Box 56085, SE-102 17 Stockholm
Visit: Riddargatan 13 C
Corp ID no: 556463-9440
www.corem.se
This is a translation of the original Swedish language press release. In the event of discrepancies, the original Swedish wording shall prevail.
Corem Property Group är ett fastighetsbolag som på ett hållbart sätt äger, förvaltar och utvecklar kommersiella fastigheter i storstads- och tillväxtområden. Corem Property Group är noterat på Nasdaq Stockholm, Large Cap.
