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Logistea Capital/Financing Update 2023
3073_rns_2023-10-02_a778f50b-915f-41b2-b3cf-6ffd72cb5dab.pdf
Capital/Financing Update
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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
Logistea announces the result of the voluntary tender offer of its outstanding senior unsecured green bonds
Logistea announces the result of the voluntary tender offer of its outstanding senior unsecured green bonds
Logistea AB (publ) ("Logistea" or the "Company") announces the results of the tender offer (the " Tender Offer") to the holders of Logistea's outstanding senior unsecured green bonds with ISIN SE0016831010 maturing in October 2024 and with an outstanding amount of SEK 500m* (the " Bonds"). The Tender Offer expired at 12:00 CEST on 2 October 2023. The Tender Offer has been accepted by holders of Bonds representing a total nominal amount of SEK 303.75m *A total of SEK 116m has been repurchased by Logistea before the announcement of the Tender Offer
Logistea will complete the Tender Offer and accepts all tendered Bonds for purchase. Based on today's interest rate, the Tender Offer contributes to a reduced total annual interest cost of approximately SEK 28m. The Company will, after completing the tender offer, have outstanding bonds (not held by the Company) amounting to SEK 80m.
The price for the Bonds in the Tender Offer amounts to 101.00 percent of the nominal amount. Accrued and unpaid interest on the Bonds will be paid by the Company until the settlement date according to the Tender Information Document. Settlement of the Tender Offer is expected to occur at or around 5 October 2023.
Nordea Bank Abp and Swedbank AB (publ) acted as dealer managers for the Tender Offer.
Dealer Managers
Nordea Bank Abp: +45 6136 0379, [email protected]
Swedbank AB (publ): +46 (0)8 700 90 22, [email protected]
For further information, please contact
Niklas Zuckerman, CEO Logistea [email protected]
About Logistea AB (publ)
Logistea is a Swedish real estate company focusing on warehousing, logistic and light industrial properties. The company's shares are listed on Nasdaq Stockholm with the short names LOGI A and LOGI B. For more information: www.logistea.se
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Logistea announces the result of the voluntary tender offer of its outstanding senior unsecured green bonds