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Serneke Group AB (publisher) (“Serneka“) announced on May 5, 2022 that the Company exercise its right to voluntary early redemption of all outstanding floating rate senior unsecured notes with final redemption on December 31, 2022ISIN SE0011256338 (the “Obligations“).
Serneka confirms that the condition for financing the early redemption of the Bonds is satisfied, and that the redemption will therefore take place on May 31, 2022 (there “Repayment date“) according to by Serneke press release from May 5, 2022.
The Bonds will be redeemed early at a price per Bond equal to 102.50% of the nominal amount per Bond plus any accrued and unpaid interest up to and including the Redemption Date.
The amount of redemption, including accrued and unpaid interest, will be paid to each person registered as the owner of the Bonds in the register of debts maintained by Euroclear Sweden at the end of the activity on the closing date, being May 23, 2022. As part of the early redemption, the Bonds will be delisted from Nasdaq Stockholm.
For more information please contact:
Anders Düring, Chief Financial Officer, Serneke Group
Tel: + 46 708 88 77 33
Elizabeth KarlsonCash Manager, Serneke Group
Tel: +46 702 33 79 77
The information has been released for public disclosure, through the contact person above, the May 23, 2022 to 2:00 p.m. (CET)
Serneka is a rapidly growing group of companies active in contracting and project development. The Group was created in 2002 and today achieves a turnover of nearly 8.7 billion Swedish crowns and approximately 1,200 employees, organized into three business segments: Serneke Sweden, Serneke Invest and Serneke International. Through innovative thinking, the Company drives development and creates more efficient and innovative solutions for responsible construction. The Company constructs and develops housing, commercial buildings, industrial facilities, public buildings, road and civil engineering projects and other infrastructure. The company’s customers are both public and commercial customers. The Company’s Swedish units operate nationwide and are organized into five regions: South, West, East, Central and North, and are headquartered in Gothenburg. The company’s Series B shares (SRNKE) have been listed on the Nasdaq Stock Exchange in Stockholm since November 2016.
Sea information on Serneke Group AB Finnish på www.serneke.se
(c) Decision 2022. All rights reserved., sources Press Releases – English