Storskogen announces results from the tender offer

Bonds in an aggregate amount of SEK 945 million have been validly tendered by investors, out of which all valid tenders have been accepted by Storskogen.

Storskogen intends to complete the Tender Offer in accordance with the Tender Information Document and the price for the Bonds in the Tender Offer amounts to 103.75 per cent of the nominal amount. Storskogen will also pay accrued and unpaid interest from, but excluding, the previous interest payment date up until, and including, the settlement date for the Tender Offer. Settlement for the Tender Offer is expected to occur on 4 June 2025, i.e. on the same date as the settlement date for Storskogen’s issue of new bonds in an amount of SEK 1.25 billion which was announced by the company on 27 May 2025.

The Bonds not repurchased and cancelled under the Tender Offer will be redeemed, as announced by the company on 22 May 2025. Subject to the settlement date of the issue of the new bonds, Storskogen will thus redeem Bonds in an aggregate amount of approximately SEK 1.05 billion at a price of 103.4375 per cent of the nominal amount plus all remaining interest payments, including accrued but unpaid interest, up until (but excluding) 22 June 2025. The redemption price will be paid to the persons registered as holders of the Bonds in the debt register maintained by Euroclear Sweden at the close of business on 19 June 2025 and the record date for redemption will be 12 June 2025.

Danske Bank, DNB Carnegie, Nordea, SEB and Swedbank have acted as dealer managers in relation to the Tender Offer.

Gernandt & Danielsson has acted as legal advisor.