On 28 May 2024, Autocirc sent a conditional notice for early redemption (the “Notice”) to each person registered in the debt register (Sw. skuldbok) with respect to the Bonds on the Record Date.
The redemption date for the Bonds will, subject to the satisfaction or waiver of the Condition (as defined below) or extension of the notice period, be 17 June 2024 (the “Redemption Date“). The Bonds will be redeemed at an amount equal to 104.375 per cent. of the nominal amount (i.e. SEK 1,304,687.50 per Bond) (the “Redemption Price“) plus accrued but unpaid interest up to and including the Redemption Date. The redemption amount will be disbursed to each person who is registered on a securities account as a direct registered owner (Sw. direktregistrerad ägare) or an authorised nominee (Sw. förvaltare) with respect to a Bond at end of business on 10 June 2024 (the “Record Date“) in the debt register.
The Redemption of the Bonds described herein is, in all respects, subject to and conditional upon the satisfaction of all conditions precedent required for utilisation under the new debt facilities funding the Redemption (the “Condition“) and the Company shall not, and shall have no obligation to, redeem any of the Bonds pursuant to the Notice unless the Condition has been satisfied or waived. The Company will notify the Bondholders of the satisfaction or waiver of the Condition or the extension of the notice period through a press release no later than 7 June 2024.
If the Condition is satisfied or waived and the notice period has not been extended by the Company, the Bonds will be de-listed from Nasdaq Stockholm.
