NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA) OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT. THE DISTRIBUTION OF THIS DOCUMENT IN CERTAIN JURISDICTIONS (IN PARTICULAR, THE UNITED STATES AND THE UNITED KINGDOM) MAY BE RESTRICTED BY LAW
Stendörren Fastigheter AB (publ) (the “Company”) announces the results from the tender offer (the "Tender Offer") to the holders of the Company's outstanding SEK denominated subordinated capital securities with ISIN SE0013042413 and outstanding amount of SEK 800 million (the "Capital Securities"). The Tender offer expired at 12:00 CET on 10 March 2023 and was subject to the terms and conditions described in the tender information document dated 6 March 2023 (the “Tender Information Document”). The Company has received tenders in a total nominal amount of SEK 287.5m and intends to accept all tenders received.
The Company intends to complete the Tender Offer and the price for the Capital Securities amounts to 100.00% of the nominal amount. Accrued and unpaid interest on the Capital Securities will be paid by the Company on the settlement date according to the Tender Information Document. The settlement date for the Tender Offer is expected to be on 15 March 2023.
Nordea Bank Abp and Swedbank AB (publ) acted as dealer managers for the Tender Offer.
Stendörren Fastigheter AB (publ)
Stendörren Fastigheter AB (publ) is an expansive property company listed on Nasdaq Stockholm Mid Cap. Our business concept is to create profitable growth in net asset value by managing, developing and acquiring properties and building rights within logistics, warehouse and light industry in Nordic growth regions. When commercially viable, we rezone such existing properties and thereby create residential building rights for further in-house development and management, mainly in Greater Stockholm and the rest of the Mälardalen region.
For more information about Stendörren Fastigheter AB (publ), see: https://www.stendorren.se/en/