REGMAR

Autocirc has received commitments for a refinancing of its existing SEK 1,330,000,000 senior secured callable floating rate bonds

NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN. THE SECURITIES MENTIONED HEREIN HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED. THEY MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES, EXCEPT PURSUANT TO AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT. NO PUBLIC OFFERING WILL BE MADE IN THE UNITED STATES AND THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN.

Autocirc Group AB (publ) (the "Company") has secured a committed financing in an amount sufficient to refinance the Company's existing SEK 1,330,000,000 senior secured callable floating rate bonds (ISIN: SE0017885916) (the "Bonds"). The committed financing is subject to fulfillment of certain conditions.

Redemption of the Bonds is expected to take place in connection with the step down in the redemption premium applicable to the Bonds in June 2024. A conditional notice of early redemption in respect of the Bonds is expected to be delivered to Bondholders in accordance with the terms and conditions of the Bonds prior to such expected redemption.

For further information, please contact:
Gunilla Andersson, CFO Autocirc Group
E-mail: [email protected]
Tel: +46 (0)722 184736

This information is information that Autocirc Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 13.00 CET on April 11, 2024.

Autocirc works for a circular transition in the automotive industry. We ensure that used car parts get back on the road again - or that materials and components can be used in completely different products and contexts. By moving from new production to reuse, remanufacturing, repurpose and recycling of car parts, we are making the second-hand market the first choice. A sustainable choice for a smarter automotive industry and a better alternative, also for the next generation.

Autocirc was founded in 2019 and is growing rapidly. Today, the group consists of 60 companies with over 1100 employees and operates in Sweden, Norway, Finland, the UK, Poland, Germany and France.


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Marknad Stockholm Nasdaq Bond Market ISIN-kod SE0017885916