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Information from the Trustee in relation to Bonds issued by Koggbron AB (publ) and Malmö Katrinelund 27 AB (publ)

4 June 2020

To the holders of the up to SEK 650,000,000 (or its equivalent in NOK) Senior Secured Callable Fixed Rate Bonds due 2019 with ISIN SE0009806573, NO001079127.0 and NO001079128.8 (the “Senior Bonds”) and the up to SEK 50,000,000 Second Lien Callable Fixed Rate Bonds with ISIN SE0009889173, NO001079156.9 and NO001079157.7 (the “Junior Bonds”) issued by Koggbron AB (publ) on 31 May 2017 and to the holders of the up to SEK 155,000,000 Senior Secured Callable Fixed Rate Bonds with ISIN SE0010101782, NO0010808090 and SE0010442269 issued by Malmö Katrinelund 27 AB (publ) on 12 December 2017 (the “Katrinelund Bonds”)

On 19 March 2020, the Bondholders, through a written procedure, approved a sale of the Katrinelund shopping centre and related building rights for student apartments to Signal Capital (“Signal”) after which Signal has finalised their due diligence of the properties and property-owning companies. Signal has now informed the Trustee that they, of various reasons, do not intend to carry out the acquisition of the properties as originally intended. The main reason are the effects related to the current COVID-19 outbreak and changed market situation and there will be no repayment of the Katrinelund Bonds in the beginning of June as indicated by Signal 29 April 2020.

However, the Trustee has been informed by the property broker, Angermann, that the former potential buyer Niam has once again shown interest in the property and has indicated that they will within short come up with a revised offer. We will keep you informed as soon as we have more information.

The full notice can be found here.

Intertrust (Sweden) AB as Trustee
Kristofer Nivenius


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