30 October 2018
AB Sagax (publ) (“Sagax”) refers to the terms and conditions (the “Terms and Conditions”) of the corporate bonds issued by Sagax on 18 June 2014 (ISIN SE0006027041) in the total amount of 550 million SEK (the “2019-bonds”), as well as Sagax’s notice dated 30 October 2018 published here whereby Sagax has called for an early redemption of the 2019-bonds in accordance with the Terms and Conditions.
In accordance with Condition 10 and Condition 17 in the Terms and Conditions, Sagax hereby calls for an early redemption of all outstanding 2019-bonds, with the early redemption date being 19 December 2018 (the “Early Redemption Date”).
On the Early Redemption Date, each person, which on the record date defined in the Terms and Conditions (which in this instance is 12 December 2018) is registered as a holder of 2019-bonds, will receive consideration for its registered holding of 2019-bonds through Euroclear in an amount equal to 100.00 percent of the aggregate nominal amount of its 2019-bonds together with all accrued and unpaid interest on such 2019-bonds per the Early Redemption Date in accordance with the Terms and Conditions.
This call for early redemption is irrevocable and is governed by Swedish law.
If there are any questions relating to this call for early redemption, please contact Sagax’s finance director Björn Garat on telephone number +46 (0)8 – 545 83 540.