Circular Tire Services Europe Holding AB (publ) (the “Company”) will issue SEK 400 million of subsequent bonds under the Company’s existing 2024/2029 senior secured callable floating rate bond with a total framework of SEK 2.6 billion with ISIN: SE0023260674 (the “Bond”). Following the subsequent bond issue, a total of SEK 1.7 billion will be outstanding under the Bond. The net proceeds from the subsequent bond issue will be used for general corporate purposes (including, but not limited to, acquisitions and investments). The subsequent bonds will be issued at a price of 103.00 per cent. of the nominal amount.
 
ABG Sundal Collier, Pareto Securities and SEB acted as joint bookrunners in connection with the issue of the subsequent bond. Gernandt & Danielsson acted as legal counsel for the joint bookrunners, and White & Case acted as legal counsel for CTS Group.
 
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 17:50 CET on 13 March 2025.