Logistri Portfolio 1 AB (publ) issues subsequent bonds in an amount of SEK 350 million and completes the Restructuring
On 26 September 2017 Logistri Portfolio 1 AB (publ) (the "Company") issued senior secured bonds in an amount of SEK 375 million with ISIN SE0010413989 (the "Bonds"). A written procedure under the Bonds was completed on 17 May 2019 (the "Written Procedure") whereby the bondholders under the Bonds approved that the terms and conditions of the Bonds was amended to, amongst others, include an option to issue subsequent bonds. The Company have on this day issued subsequent bonds in an amount of SEK 350 million (the "Subsequent Bonds") under a framework amount of SEK 725 million.
The purpose of the issuance of the subsequent bonds was to partly finance the Company's acquisition of a real property portfolio (the "Portfolio") from the Company's parent company Logistri Fastighets AB (publ) (the "Parent") that was completed today. The Portfolio was acquired by the Parent on 1 April 2019 and was partly financed with funds from the Parent's SEK 350 million senior secured bond issue with ISIN SE0012455020, issued on 28 March 2019 (the "Parent Bonds"). The bondholders under the Parent Bonds have today received Subsequent Bonds in exchange for their Parent Bonds in accordance with the terms and conditions of the Bonds and the Written Procedure. The Restructuring (as defined in the terms and conditions of the Bonds (as amended on 17 May 2019)) have thus been completed.
Stockholm 18 June 2019
For further information, please contact:
Ulf Attebrant, CEO
Telephone: +46 8 402 53 87
This information is information that Logistri Portfolio 1 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 on 18 June 2019.
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