29 January 2025
To the holders of the (i) SEK 500,000,000 notes due 21 September 2026 representing loan no. 108 issued by Klarna Bank AB (publ) (the “Issuer”) under its Swedish medium term note programme with ISIN: SE0013361482 (SEK) (the “108 Notes”) and the (ii) 750,000,000 notes due 24 June 2026 representing loan no. 109 issued by the Issuer under its Swedish medium term note programme with ISIN: SE0013361789 (SEK) (the “109 Notes”) and the (iii) 250,000,000 notes due 24 June 2027 representing loan no. 110 issued by the Issuer under its Swedish medium term note programme with ISIN: SE0013361797 (SEK) (the “110 Notes” and together with the 108 Notes and the 109 Notes, the “Notes”).
Reference is made to the Notes issued by the Issuer and the general terms and conditions of the Issuer’s MTN programme dated 21 February 2024 incorporated into the base prospectus dated 4 March 2024 (as supplemented from time to time) (together with the final terms of the Notes, the “Terms and Conditions”). All capitalised terms used herein and not otherwise defined in this notice shall have the meanings assigned to them in the Terms and Conditions.
At the request of the Issuer, and on behalf of Nordea Bank Abp as administrative agent (the “Administrative Agent”), CSC (Sweden) AB as written procedure administrator (the “Written Procedure Administrator”) hereby initiates a Written Procedure, whereby the Noteholders can approve or reject a proposal from the Issuer regarding a consent and waiver in respect of the Terms and Conditions in accordance with what is set out in this notice.
Please find attached the full notice and proposal from the Issuer.
Record date (for voting): 5 February 2025
Last day to vote: 12.00 CET on 17 February 2025
Early voting deadline: 12.00 CET on 10 February 2025
For further questions please see below.
To the Administrative Agent for questions regarding the proposal:
Nordea Bank Abp
Email: nordealiabilitymanagement@nordea.com
Phone number: +45 61 36 03 79
To the Written Procedure Administrator for questions regarding the administration of the voting procedure:
CSC (Sweden) AB (formerly Intertrust (Sweden) AB)
Email: trustee@intertrustgroup.com
Phone number: +46 70 833 52 90