Bifogade filer
PDF
Beskrivning
| Land | Sverige |
|---|---|
| Lista | Mid Cap Stockholm |
| Sektor | Tjänster |
| Industri | Allmänna tjänster |
Intresserad av bolagets nyckeltal?
Analysera bolaget i Börsdata!
Vem äger bolaget?
All ägardata du vill ha finns i Holdings!
NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT. THE DISTRIBUTION OF THIS DOCUMENT IN CERTAIN JURISDICTIONS MAY BE RESTRICTED BY LAW.
Coor contemplates issuance of new senior unsecured bonds, announces a conditional tender offer for its outstanding 2024/2027 bonds and gives conditional notice of early redemption of existing bonds. Coor Service Management Holding AB ("Coor") has mandated Danske Bank A/S, Danmark, Sverige Filial, DNB Carnegie Investment Bank AB (publ), and Skandinaviska Enskilda Banken AB (publ) as joint bookrunners to arrange a series of fixed income investor meetings starting on 4 March 2026 to explore the possibility of issuing new senior unsecured bonds in an expected amount of in aggregate SEK 750 million and with a tenor of five years (the "New Bonds"). A capital market transaction may follow, subject to among other things prevailing market conditions.
The proceeds from the contemplated bond issue will be used to refinance Coor's outstanding senior unsecured 2024/2027 bonds, with ISIN SE0021512142 (the "Existing Bonds") with an outstanding volume of SEK 500 million and to finance general corporate purposes. Coor will, in connection with the allocation of the New Bonds, consider, among other factors, whether or not the relevant investor seeking an allocation of the New Bonds has participated in the Tender Offer (as defined below), subject to the terms set out in the Tender Information Document (as defined below).
In conjunction with the contemplated issue of the New Bonds, Coor has today announced a conditional offer to the holders of the Existing Bonds, to tender their Existing Bonds for purchase by Coor for cash at a price of 100.475 per cent of the nominal amount plus accrued and unpaid interest (the "Tender Offer"). The Tender Offer is subject to the terms described in the tender information document dated 4 March 2026 (the "Tender Information Document"). The Tender Information Document is available on Coor's website via the following link: https://www.coor.com/investors/bonds/
The Tender Offer expires at 12:00 CET on 9 March 2026, unless extended, re-opened, withdrawn or terminated at the sole discretion of Coor. Settlement of the Tender Offer is expected to occur on or around 13 March 2026. The Tender Offer is in its entirety conditional upon, among other things, a successful issue of the New Bonds and the amount that Coor intends to use for repurchases under the Tender Offer will not exceed the proceeds from the issue of the New Bonds.
Subject to a successful issuance of the New Bonds, Coor further announces that it exercises its right to make a voluntary early redemption of the outstanding Existing Bonds which are not repurchased through the Tender Offer (the "Early Redemption"). The Early Redemption is conditional upon Coor receiving the proceeds from the issue of the New Bonds. In the event of such Early Redemption, the Existing Bonds will repurchased at a call option price of 100.475 per cent. of the nominal amount plus accrued and unpaid interest. The redemption amount will be paid to each person who is registered as owner of Existing Bonds as of the record date, being 23 March 2026, in the debt register maintained by Euroclear Sweden. In connection with the Early Redemption, the Existing Bonds will be delisted from the corporate bond list of Nasdaq Stockholm. A notice of the Early Redemption will be sent to directly registered owners of the Existing Bonds in the debt register as of 3 March 2026.
Danske Bank A/S, Danmark, Sverige Filial, DNB Carnegie Investment Bank AB (publ), and Skandinaviska Enskilda Banken AB (publ) act as joint bookrunners in respect of the issuance of the New Bonds and as dealer managers for the Tender Offer. Mannheimer Swartling Advokatbyrå AB act as legal advisor.
Please find more information at www.coor.com or contact:
Daniel Warnholtz, Acting CFO and IR Director, Coor
+46 733 775 003
Magdalena Öhrn, Communications Director, Coor
+46 10 559 55 19
About Coor:
As the leading provider of facility management services, Coor aims to create the happiest, healthiest, and most prosperous workplace environments in the Nordic region. Coor offers specialist expertise in workplace services, property services and strategic advisory services. Coor creates value by executing, developing, and streamlining our customers' service activities. This enables our customers to do what they do best.
Coor's customer base includes many large and small companies and public-sector organisations across the Nordic region, including ABB, Aibel, the Danish Building and Property Agency, DSB, Equinor, ICA, IKEA, Karolinska University Hospital in Solna, PKA - "Danish Police, Public Prosecution Authority and Prison and Probation Service", PostNord, Saab, SAS, Skanska, Swedbank, Telia Company, Vasakronan and Volvo Cars.
Coor was founded in 1998 and has been listed on Nasdaq Stockholm since 2015. Coor takes responsibility for the operations it conducts, in relation to its customers, employees and shareholders, as well as for its wider impact on society and the environment. Read more at www.coor.com