2 March 2021
Reference is made to the terms and conditions (the “Terms and Conditions”) for the senior unsecured callable floating rate bonds with ISIN SE0009994718 (the “Bonds”) issued by Catella AB (publ) (“Catella”). All capitalised terms used herein and not otherwise defined in this notice shall have the meanings assigned to them in the Terms and Conditions.
We hereby give you notice that Catella will exercise its right to redeem all outstanding Bonds in full on 26 March 2021 (the “Early Redemption Date“), in accordance with Clause 9.3 (Voluntary total redemption (call option)) of the Terms and Conditions.
The redemption amount for each Bond shall be the applicable call option amount (being 101.20 per cent. of the Nominal Amount), plus accrued but unpaid Interest up to (and including) the Early Redemption Date, and the redemption amount will be paid to the Bondholders holding Bonds on the applicable Record Date (being 19 March 2021).
Catella’s obligation to redeem any of the Bonds on the Early Redemption Date is conditional upon that Catella, prior to the applicable Record Date, issue senior unsecured floating rate bonds on terms that are acceptable for Catella (the “New Bonds“) and fulfilling the conditions precedent for disbursement of the net proceeds from the issue of the New Bonds, which are, among other things, to be applied towards financing the redemption of the Bonds (the “Financing Condition“). The redemption of the Bonds as described herein, and the giving of this notice, is subject to and conditional upon the satisfaction of the Financing Condition, and Catella shall not, and shall have no obligation to, redeem the Bonds pursuant to this notice unless the Financing Condition has been satisfied prior to the Record Date.
Catella shall inform the Agent and the Bondholders by way of press release at least one (1) Business Day prior to the Record Date if the Financing Condition is, or will not be, satisfied or waived by Catella. If the Financing Condition is not satisfied or waived by Catella on or prior to the Record Date, the Bonds will remain outstanding and interest will continue to accrue in accordance with the Terms and Conditions.
The Bonds will be de-listed from the corporate bond list of Nasdaq Stockholm in connection with the Early Redemption Date and the last day of trading will occur on or about 26 March 2021.
For further information, please contact the Agent at:
Mia Fogelberg, +46 73 314 15 29, trustee@intertrustgroup.com