21 June 2022
To the bondholders in Betsson AB (publ) maximum SEK 2,500,000,000 senior unsecured floating rate bonds 2019/2022 with ISIN SE0013110814 (the “Bonds“).
The Issuer hereby gives conditional notice to all Bondholders of the Issuer’s outstanding Bonds for early redemption of the Bonds in full in accordance with Clause 9.3 (Voluntary total redemption) of the Terms and Conditions (the “Redemption”). Subject to the condition described below, the Redemption Date is set to 18 July 2022 and the Record Date for the early redemption will be 11 July 2022, i.e. five (5) Business Days prior to the Redemption Date.
The Redemption is upon the successful settlement of a SEK-denominated senior unsecured debt capital markets transaction (in accordance with the press release published by the Issuer on 15 June 2022) prior to the Record Date (the “Condition”). The fulfilment of the Condition will be confirmed to the Bondholders through a press release. Should the Condition not be satisfied prior to the Record Date, the Redemption will not occur (unless the Condition has been waived by the Issuer at its sole discretion) which will, in such case, be confirmed to the Bondholders through a press release.
If the Condition is satisfied or waived by the Issuer, the Redemption will be irrevocable and all outstanding Bonds will be redeemed at the redemption price of 100.00 per cent. of the total outstanding Nominal Amount (i.e., SEK 1,250,000 per Bond) (the “Redemption Price”).
Any accrued and unpaid interest will also be paid in respect of the Bonds in accordance with the Terms and Condition. The Redemption Price together with accrued and unpaid interest up to and including the Redemption Date (the “Redemption Amount”) will be paid on the Redemption Date to each person who is registered as owner of Bonds in the debt register maintained by Euroclear Sweden at end of business on the Record Date.
This Notice of early redemption is irrevocable, subject to the Condition described herein, and is governed by Swedish law. This Notice is for information purposes only and is not to be construed as an offer to purchase or sell or a solicitation of an offer to purchase or sell with respect to any securities of the Issuer.
For further information, please contact the Issuer at:
Martin Öhman, CFO
E-mail: martin.ohman@betssonab.com