7 September 2023
Reference is made to the terms and conditions of the above mentioned issue of notes (the “Notes”) by Klarna Holding AB (the “Issuer”) on 15 November 2018, in accordance with the terms and conditions for the Notes (the “Terms and Conditions”). As at the date of this notice, Notes in an aggregate amount of EUR 25,000,000 are outstanding. All capitalised terms used herein and not otherwise defined in this notice shall have the meanings assigned to them in the Terms and Conditions.
In accordance with the Terms and Conditions, the Issuer has received prior consent from the Swedish Financial Supervisory Authority to redeem the Notes and the Issuer hereby gives notice to all Noteholders of the Issuer’s outstanding Notes of exercise of its option for early redemption of the Notes in full in accordance with Clause 10.2 (Early redemption at the option of the Issuer) of the Terms and Conditions. The early redemption date will fall on 15 November 2023 and the record date for the early redemption will fall on 8 November 2023, i.e., five (5) Business Days prior to the early redemption date (the “Record Date”).
As set out in the Terms and Conditions, all Notes will be redeemed at 100.00 per cent. of the Nominal Amount (i.e. EUR 200,000 per Note) together with any accrued and unpaid interest (the “Redemption Amount”). The Redemption Amount will be paid to each person who is registered as owner of Notes in the debt register maintained by the CSD at end of business on the Record Date.
This notice of early redemption is irrevocable 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.
Please find the full version of the notice here.
For further information, please contact the Issuer at:
Francis Farrell, Head of Capital & Funding planning, Treasury
Tel: +46 (0) 70 242 9888
Email: francis.farrell@klarna.com