Patriam Invest AB (publ), reg. no. 559201-2206 (the "Company") today announces, following a successful and approved written procedure regarding the proposal for a mandatory exchange of the Company's outstanding SEK 174,000,000 and EUR 24,000,000 senior secured bonds with ISIN SE0017769391 and SE0017769409 (the "Existing Bonds"), that the Company has completed the Swap (as defined below) and simultaneously successfully placed and settled new bonds in an amount of SEK 440,720,000 (ISIN: SE0026821175) and EUR 30,840,000 (ISIN: SE0026821183) (the "Bond Issue" or the "New Bonds"). The unsold bonds of SEK 122,270,000 and EUR 500,000 will be held on the Company's own books until such are sold on the secondary market (or may at the Company's discretion remain unissued until investors at the secondary market have been identified).

The Existing Bonds were exchanged for New Bonds on a (SEK:SEK / EUR:EUR) basis whereby each bondholder received New Bonds corresponding to the aggregate of (i) an amount equal to 102 per cent. of the nominal amount of their previous holding of Existing Bonds, and (ii) the total amount of accrued but unpaid interest on the Existing Bonds up to and including the 24 November 2025 (the "First Issue Date"), such aggregate amount being rounded up to the nearest whole nominal amount of the New Bonds (the "Swap").

The Company intends to list the New Bonds on the sustainable bond list of Nasdaq Stockholm within 12 months from the First Issue Date and Nasdaq Transfer Market (or another MTF) within 60 days after the First Issue Date, with the ambition to have the New Bonds admitted to trading on Nasdaq Transfer Market (or another MTF) within 30 days after the First Issue Date.

For further information, please contact:
Andreas Holmberg, CEO
Telephone: +46 702093040
Email: andreas.holmberg@patriam.se

About Patriam
Patriam is a family-owned real estate developer based in Stockholm. The group was founded in 2015. Patriam is an experienced developer that focuses on attractive locations where both demand and purchasing power are expected to be good.