Intertrust (Sweden) AB acts as trustee for up to SEK 200,000,000 (or its equivalent in NOK) senior bonds issued by Gemma Utveckling 2017 AB (publ)

On September 1^st 2017 Gemma Utveckling 2017 AB (publ) issued senior secured callable fixed rate NOK and SEK bonds with a maximum nominal amount of SEK 200,000,000 (or its equivalent in NOK). The bonds have 18 months maturity and a fixed rate of 12 per cent. per annum.

The Issuer shall use the proceeds from the issuance of the bonds, less the transaction costs, to refinance existing debt and general corporate purposes of the Issuer and its subsidiaries.

Intertrust (Sweden) AB has been appointed by Gemma Utveckling 2017AB (publ) to act as trustee for the holders of the bonds.