Opus gives unconditional notice for early redemption of the outstanding bonds with ISIN SE0008374425

Today, Opus Group AB (publ) (“Opus”) has given an unconditional and irrevocable notice to the bondholders of its outstanding SEK 500 million senior unsecured bonds due in May 2021, ISIN SE0008374425, (the “Bonds”) that it has exercised its option for full early redemption of the Bonds.

The redemption date (the “Redemption Date”) on which the redemption will occur will be on January 30, 2019. The Bonds will be redeemed at an amount equal to 102.375 per cent of the Nominal Amount, plus any accrued but unpaid interest.

The relevant record date for bondholders of the Bonds being entitled to receive the early redemption payment is January 23, 2019, being the date falling 5 business days prior to the Redemption Date. In connection to the early redemption, the Bonds will be delisted from the corporate bond list at NASDAQ Stockholm.

“Refinancing of the Bonds is currently under way and is intended to take place through a new USD-based financing in the US market. The refinancing will significantly decrease Opus’ foreign exchange exposure and, at the same time, secure long-term financing at a favorable cost structure”, says Linus Brandt, CFO & Executive Vice President at Opus.

Gothenburg, January 4, 2019
Opus Group AB (publ)

This information is information that Opus 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 11:00 CET on January 4, 2019.

IMPORTANT INFORMATION

NOT FOR DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, WITHIN OR TO THE UNITED STATES, AUSTRALIA, HONG KONG, JAPAN, CANADA, SWITZERLAND, SOUTH AFRICA OR NEW ZEALAND OR IN ANY OTHER JURISDICTION WHERE THE DISTRIBUTION OR PUBLICATION OF THIS PRESS RELEASE WOULD BE UNLAWFUL.

This announcement is not and does not form a part of any offer for sale of securities. Copies of this announcement are not being made and may not be distributed or sent into the United States, Australia, Hong Kong, Japan, Canada, Switzerland, South Africa or New Zealand or any other jurisdiction in which such distribution would be unlawful or would require registration or other measures.

This announcement is for information purposes only and does not constitute a prospectus or any offer to sell or the solicitation of an offer to buy any security in the United States or any other jurisdiction. Any securities that may be issued in connection with the transactions referred to in this announcement will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and accordingly will not be offered or sold in the United States.

This announcement is not a prospectus for the purposes of Directive 2003/71/EC (together with any applicable implementing measures in any Member State, the “Prospectus Directive”).

Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as “believe,” “expect,” “anticipate,” “intend,” “estimate,” “will,” “may,” “continue,” “should” and similar expressions. The forward-looking statements in this announcement are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although Opus Group AB (publ) believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this announcement by such forward-looking statements. The information, opinions and forward-looking statements contained in this announcement speak only as at its date and are subject to change without notice.

 

For additional information, please contact:
Linus Brandt, CFO & Executive Vice President
Phone: +46 722 44 09 05 
E-mail: linus.brandt@opus.se