Catella () : contemplates to issue new senior unsecured green bonds and announces tender offer regarding outstanding senior unsecured bonds

Catella AB (publ) (“Catella” or the “Issuer”) has mandated DNB Bank ASA, filial Sverige and Nordea Bank Abp as joint bookrunners to arrange investor meetings to investigate the possibility of issuing new SEK denominated senior unsecured green bonds with an expected volume of SEK 500 million under its medium term note programme, with an expected tenor of 3.5 years (the “New Green Bonds”). Subject to market conditions, a capital markets transaction may follow.

The proceeds from the potential transaction will be used in accordance with the newly established green bond framework and include financing or re-financing of eligible green projects related to green buildings, renewable energy, and energy efficiency.

In connection with the issue of New Green Bonds, Catella is offering holders of the Issuer’s outstanding senior unsecured floating rate bonds maturing on 17 March 2025 with an outstanding nominal amount of SEK 1,250 million (ISIN: SE0015660444) (the “Existing Bonds“) to tender (subject to a transaction cap) their Existing Bonds for purchase by the Issuer for cash (the “Tender Offer“) at a price of 100.95 per cent of the nominal amount, plus accrued and unpaid interest. The Existing Bonds will be repurchased subject to the terms and conditions described in a tender information document dated 26 August 2024 (the “Tender Information Document“).

The full terms and conditions of the Tender Offer can be found in the Tender Information Document, which is available in the following link: www. catella.com/bonds
The Tender Offer expires at 12:00 CET on 29 August 2024, unless extended, re-opened, withdrawn or terminated at the sole discretion of the Issuer. Settlement of the Tender Offer is expected to occur at or around 5 September 2024. The Issuer’s repurchase of Existing Bonds is conditional upon a successful issue of New Green Bonds and the conditions set forth in the Tender Information Document.

Holders of Existing Bonds who accept the Tender Offer will be eligible to receive a priority in the allocation of the New Green Bonds, subject to the terms set out in the Tender Information Document.

The Issuer has mandated DNB Bank ASA, filial Sverige, and Nordea Bank Abp as joint arrangers and bookrunners in respect of the issuance of the New Green Bonds, structuring advisors for the green bond framework and as dealer managers and tender agents for the Tender Offer. Advokatfirman Cederquist KB has been appointed as legal counsel.

For more information, please contact:
Michel Fischer
CFO
+46-8-463 33 86

michel.fischier@catella.se

For further information, please contact:

Michel Fischier
CFO
+46-8-463 33 86

michel.fischier@catella.se

About Catella

Catella is a leading specialist in property investments and fund management, with operations in 12 countries. The group has over EUR 13 billion in assets under management. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more at catella.com.

This information is information that Catella AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2024-08-26 08:00 CEST.