K2A sends notice of total redemption for two series of notes issued under the Company's MTN program
K2A Knaust & Andersson Fastigheter AB (publ) (the "Company" or "K2A") has today sent notices of total redemption to all holders of the Company's outstanding medium term notes with loan numbers 101 (ISIN: SE0013360278) and 103 (ISIN: SE0013360690) (the "Outstanding Notes"), issued under the Company's MTN program. Redemption will take place in accordance with the terms and conditions for the Outstanding Notes at a total amount of approx. SEK 277 million and will be distributed with approx. SEK 81 million against medium term notes with loan number 101 and approx. SEK 197 million against medium term notes with loan number 103. Redemption will be financed with funds from the Company's recently issued green bonds.
Redemption is made at a price of 103 percent of the nominal amount of the Outstanding Notes plus accrued and unpaid interest. The record date for redemption will be 24 October 2024 and payment will take place on 31 October 2024. Notices of total redemption are available on the Company's website: https://investerare.k2a.se/sv/grona-obligationer-och-hybridobligationer.
For further information:
Johan Knaust, CEO, +46 707 40 04 50, [email protected]
Ola Persson, CFO, +46 708 32 99 93, [email protected]
K2A Knaust & Andersson Fastigheter AB - the green real estate company - provides long-term management of rental apartments for all types of housing and community service properties. The company's markets are in Stockholm, the Mälardalen region and a number of university towns elsewhere in Sweden. See also www.k2a.se. K2A's B shares (K2A B) and preference shares (K2A PREF) are listed on Nasdaq Stockholm.