Notice of mandatory prepayment due to a permitted partial divestment for bonds with ISIN SE0013486057 issued by Host Property AB (publ)
Reference is made to the terms and conditions for the SEK 343,126,000 senior secured and guaranteed floating rate bonds with ISIN SE0013486057 originally dated 26 November 2019, as amended and restated on 26 March 2021 and on 28 November 2022 (the "Terms and Conditions") with Host Property AB (publ) as the issuer (the "Issuer"). Terms defined in the Terms and Conditions shall have the same meaning when used in this press release, unless otherwise defined herein.
The Issuer hereby gives notice, in accordance with section 10.7.3 of the Terms and Conditions, of a mandatory prepayment due to the divestment of Statt Söderhamn Aktiebolag. The Issuer will prepay the Bonds with the Prepayment Amount, being calculated to SEK 11,828,000, at a price of 104.50 per cent. of the Nominal Amount (i.e. a prepayment of each Bond considering of (i) a prepayment of the Nominal Amount of SEK 5,659 per Bond and (ii) a premium of SEK 255 per Bond, in aggregate SEK 5,914 per Bond).
The prepayment will be made on 26 October 2023 and the record date for the prepayment will be 19 October 2023. Please find full notice attached.
Contact person: Christian Fuhr, Investor Relations, Host Property AB (publ), mob: +47 98 22 85 16, email: [email protected]
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