Cibus announces results from written procedure, tender offer and gives notice of early redemption of its existing subordinated perpetual notes
Cibus Nordic Real Estate AB (publ) ("Cibus") announced on 26 February 2026 that it had (i) initiated a written procedure pursuant to the general terms and conditions and the final terms of Cibus' outstanding perpetual subordinated notes with an outstanding nominal amount of EUR 30 million (loan no. 101 with ISIN SE0013360344) (the "Notes") for the purpose of requesting the holders of the Notes to agree to amend the call rights of the Notes (the "Written Procedure"), and (ii) offered holders of the Notes to tender any and all of such holders' Notes for purchase by Cibus at a price of 101.90 per cent. of the nominal amount, plus accrued and unpaid interest and any deferred interest (the "Tender Offer").
A sufficient number of holders of Notes participated in the Written Procedure and voted in favour to approve the Request (as defined in the notice of the Written Procedure) to enable an early conclusion of the Written Procedure. In order to implement and effectuate the amendments pursuant to the Request and the Written Procedure, Cibus will execute the amended final terms for the Notes.
As the Written Procedure was concluded on or prior to 14.00 CET on 6 March and the Condition (as defined in the notice of Written Procedure) has been fulfilled, Cibus will pay the Early Bird Consent Fee (as defined in the notice of Written Procedure) to each registered owner of Notes as of the record date, 13 March 2026. Payment of the Early Bird Consent Fee will be effectuated 20 March 2026.
The Tender Offer expired at 14.00 CET on 6 March 2026. Notes in an aggregate amount of EUR 21.5 million have been validly tendered and accepted for purchase by Cibus. Settlement for the Tender Offer is expected to occur at or around 18 March 2026.
Following the approval of the Request in the Written Procedure, Cibus intends to exercise its right to redeem all of the Notes (not repurchased in the Tender Offer) pursuant to clause 16 of the final terms of the Notes on 1 April 2026 (the "Redemption") and has today instructed Nordic Trustee & Agency AB (publ) to send an unconditional notice of early redemption in relation to the Notes. Cibus will redeem all Notes (not repurchased in the Tender Offer) at a price equal to 101.90 per cent. of the nominal amount together with accrued but unpaid interest and any deferred interest from each person who is registered as owner of the outstanding Notes as of the record date, being 25 March 2026.
For further information, please contact:
Stina Lindh Hök, CEO, Cibus Nordic Real Estate
e-mail: [email protected] Phone: +46 (0) 8 12 439 100
Pia-Lena Olofsson, CFO, Cibus Nordic Real Estate
e-mail: [email protected] Phone: +46 (0) 8 12 439 100
Cibus is a real estate company listed on Nasdaq Stockholm Mid Cap. The company's business idea is to acquire, develop and manage high-quality properties in Europe with grocery retail chains as anchor tenants. The company currently owns more than 670 properties in Europe. The largest tenants are Kesko, Tokmanni, Coop, S Group, Rema 1000, Salling, Lidl, Dagrofa and Carrefour.
Om Cibus
Cibus affärsidé är att förvärva, utveckla och förvalta fastigheter av hög kvalitet i Europa med dagligvaruhandelskedjor som ankarhyresgäster.
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