Storskogen announces that conditions for early redemption of outstanding bonds have been fulfilled

2023-06-22
Corporate news

Storskogen Group AB (publ) (“Storskogen”) announced on 15 June 2023 that it will redeem in full all of its outstanding bonds 2021/2024 with ISIN SE0015810460 (the “Bonds” and “Early Redemption”).

The Early Redemption was conditional upon Storskogen receiving the proceeds from the issue of its new bonds, as announced by Storskogen through a press release on 15 June 2023 (the “New Bond Issue”). Today Storskogen has received the proceeds from the New Bond Issue and the condition for the Early Redemption has therefore been fulfilled. The Early Redemption is therefore no longer conditional and will consequently occur on 12 July 2023. The redemption price together with accrued but unpaid interest up until (and including) 12 July 2023 will be paid to each holder who as of the record date, being 5 July 2023, is registered as owner of Bonds in the debt register maintained by Euroclear Sweden AB.

More information regarding the Early Redemption can be found in Storskogen’s press release published 15 June 2023.

For more information, please contact:
Andreas Lindblom, Head of Investor Relations
+46 72 506 14 22
andreas.lindblom@storskogen.com

For media inquiries, please contact:
Michael Metzler, Head of Communication 
+46 73 305 59 55
michael.metzler@storskogen.com

 

About Storskogen
Storskogen is an international group of businesses across Trade, Industry, and Services. We are uniquely positioned to identify, acquire, and develop market leaders with sustainable business models over an infinite ownership horizon. Storskogen creates value by providing access to capital and strategic direction combined with active governance and a decentralised operational model. Storskogen has over 12,900 employees, net sales of SEK 36.5 billion (LTM) across a diversified group of businesses and is listed on Nasdaq Stockholm.