19 February 2020
To the holders of the SEK 250,000,000 floating rate subordinated callable notes with ISIN SE0006758249 (the “Notes”) issued by Nordax Bank AB (publ), 556647-7286, (the “Issuer”) on 18 March 2015.
The Issuer hereby gives notice to all Noteholders of the Issuer’s outstanding Notes of its option for early redemption of the Notes in full in accordance with Clause 9.2 of the Terms and Conditions (Early redemption at the option of the Issuer)
The Redemption Date is set to 18 March 2020. As set out in the Terms and Conditions, all Notes will be redeemed at a price per Note equal to the Nominal Amount together with any accrued but unpaid Interest. The redemption amount will be paid to each person who is registered as a Noteholder in the debt register maintained by Euroclear Sweden at the Record Date, being the 11 March 2020. In connection with the redemption, the Notes will be delisted from Nasdaq Stockholm.
This notice of early redemption is irrevocable and is governed by Swedish law. This notice 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.
Important dates:
Record Date (for receipt of payment): 11 March 2020
Redemption Date: 18 March 2010
For further information, please contact the Issuer or the Agent at:
Nordax Bank AB, Arash Bigloo
arash.bigloo@nordax.se, +46 (0)738 660 662
Intertrust (Sweden) AB, Beatrice Gustafsson
Beatrice.gustafsson@intertrustgroup.com, +46 (0)701 411 082