Bifogade filer
CTS Group announces intention to issue subsequent bonds
Prenumeration
NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR TO U.S. PERSONS OR IN OR INTO ANY OTHER JURISDICTION WHERE THE DISTRIBUTION OF THIS PRESS RELEASE WOULD BE UNLAWFUL.
Circular Tire Services Europe Holding AB (publ) (the “Company”) is investigating the possibility to carry out a subsequent issue of senior secured callable floating rate bonds in an expected aggregate total nominal amount of SEK 400 million (the “Subsequent Bonds”). The Subsequent Bonds would be issued under the same terms and conditions and on the same terms (save for the issue date, the interest commencement date and the issue price) as the Company’s SEK 1.3 billion senior secured callable floating rate bonds due 2029 (ISIN: SE0023260674) which are issued under a framework of SEK 2.6 billion.
The net proceeds from the tap issue shall be used for general corporate purposes (including, but not limited to, acquisitions and investments).
ABG Sundal Collier, Pareto Securities and SEB have been mandated to act as joint bookrunners in connection with the potential issue of the Subsequent Bonds.
For further information, please contact:
David Boman, CEO, CTS Group
Email: david.boman@circulartireservices.com
Tor Erling Gunnerød, Partner, Norvestor Advisory
Email: te.gunnerod@norvestor.com
This information is information that Circular Tire Services Europe Holding 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 08:00 CET on 11 March 2025.