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Stockholm 13 August 2020: Northmill Group AB (publ) (“the Company”) has, pursuant to the terms and conditions, resolved on redemption in full of all outstanding senior unsecured floating rate bonds with ISIN SE0011614973 (the “2018/2021 Bonds”) maturing on 3 September 2021. The total volume of the 2018/2021 Bonds is a nominal amount of SEK 1,000,000,000, of which a nominal amount of SEK 500,000,000 is currently outstanding and the Company currently holds a nominal amount of SEK 160,000,000.
The 2018/2021 Bonds will be redeemed at an amount equal to 102.40 percent of the nominal amount, together with accrued but unpaid interest. A notice of redemption will be sent to directly registered owners and registered authorised nominees of the 2018/2021 Bonds according to the debt register as per 13 August 2020.
The redemption of the 2018/2021 Bonds will take place on or around 9 September 2020. The record date on which any holder must hold any bonds to be entitled to the redemption amount is 2 September 2020. In connection with the redemption, the Company will apply for the 2018/2021 Bonds to be delisted from Nasdaq Stockholm, Corporate Bond List, with expected last day of trading on 31 August 2020.
This information is information that Northmill 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 17:45 CET, 13 August 2020.