Wästbygg Group calls for early redemption of all outstanding senior secured green bonds 2024/2027

The Outstanding Bonds were issued on 27 September 2024 at an initial nominal amount of SEK 400,000,000 with a final maturity date of 27 September 2027. Following partial repayments carried out in accordance with the terms and conditions of the Outstanding Bonds, the outstanding nominal amount is SEK 208,000,000 as of the date of this press release.

As announced in a press release on 24 February 2026, the Company has been considering an early redemption of the Outstanding Bonds. In light of the Company's current financial position, including proceeds received from previously communicated divestments of SPV companies, the board of directors has now resolved to carry out the Early Redemption. As communicated on 24 February 2026, any proceeds deriving from the rights issue previously announced by the Company, and which was resolved upon at the extraordinary general meeting in the Company on 25 February 2026, thus, will not be used for redemption of the Outstanding Bonds. The Early Redemption will result in reduced indebtedness and a strengthened balance sheet for the Company. Furthermore, assets currently pledged as security for the Outstanding Bonds will be released, providing the Company with increased financial flexibility.

The Outstanding Bonds will be redeemed on 27 March 2026 (the "Redemption Date") at a price corresponding to 103.125 per cent of the nominal amount plus accrued but unpaid interest up to and including the Redemption Date. The total redemption amount (excluding accrued interest) amounts to SEK 214,500,000. The redemption amount will be paid to each person who, at the close of business on 20 March 2026, is registered as a holder of Outstanding Bonds in the debt register maintained by Euroclear Sweden AB. In connection with the Early Redemption, the Outstanding Bonds will be delisted from the Sustainable Bond List of Nasdaq Stockholm. A notice of Early Redemption will be sent on the date hereof by Nordic Trustee & Agency AB (publ), in its capacity as agent, to the holders of Outstanding Bonds directly registered in the debt register as per 2 March 2026, in accordance with the terms and conditions of the Outstanding Bonds. The notice of Early Redemption will also be available on the Company's and the agent’s websites.

For more information, please contact:

Patrik Mellgren, CEO, Wästbygg Gruppen AB (publ)
E-mail: patrik.mellgren@wbgr.se
Cell phone: +46 72 856 22 00

www.wbgr.se

About Wästbygg Group

Wästbygg Group is a listed construction and development company, specialized in properties within logistics, industry, residential, commercial and community service. We are an experienced and long-term partner – built on trust. 

The group comprises Logistic Contractor AB, Wästbygg AB and Rekab Entreprenad AB. The operations are conducted in the most expansive markets in Sweden and within Logistic Contractor also in the neighbouring Nordic countries. In 2025, the group had sales of SEK 4.0 billion and 350 employees. 

This information was submitted for publication, through the agency of the contact person set out above, on 2026-03-03 at 14.45 CET.