Press release from Companies

Published: 2019-06-18 14:05:38

Logistri Fastighets AB: The Restructuring under Logistri Fastighets AB (publ)"s SEK 350 million bond issue has been completed

On 17 March 2019 Logistri Fastighets AB (publ) (the "Company") issued senior secured bonds in an amount of SEK 350 million with ISIN SE0012455020 (the "Bonds"). The Company acquired a real property portfolio on 1 April 2019 (the "Portfolio") which was partly paid with the net proceeds from the Bonds.

The Company"s subsidiary Logistri Portfolio 1 AB (publ) (the "Subsidiary") has today acquired the Portfolio from the Company. To finance part of the acquisition of the Portfolio, the Subsidiary has under its current bond issue with ISIN SE0010413989 (the "Subsidiary Bonds") issued subsequent bonds in an additional amount of SEK 350 million (the "Subsequent Subsidiary Bonds") under a total framework amount of SEK 725 million. The bondholders under the Bonds have received Subsequent Subsidiary Bonds in exchange for their Bonds in the Company. Hence, the Company does no longer have any obligations or liabilities under the Bonds and the Bonds will been cancelled. The Restructuring (as defined in the terms and conditions of the Bonds, the terms and conditions of the Subsidiary Bonds and in accordance with the written procedure that was approved on 17 May 2019 for the Subsidiary Bonds) has thus been completed.

For further information, please contact:

Ulf Attebrant, CEO
Telephone: +46 8 402 53 87

Information:

This information is information that Logistri Fastighets 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 on 18 June 2019.




Läs mer hos Cision
Read more about Logistri Fastighets AB