Wästbygg Gruppen AB (publ) announces that the conditions for the early redemption of its outstanding senior unsecured bonds have been fulfilled
Wästbygg Gruppen AB (publ) (the “Company” or “Wästbygg Group”) announced on 4 September 2024 that it will redeem in full all of its outstanding senior unsecured green bonds 2021/2024 with ISIN SE0016798227 (the “Bonds” and “Early Redemption”).
The Early Redemption was conditional upon the successful issuance of new bonds as announced by the Company through a press release on 4 September 2024 (the “New Bond Issue”). The issue date for the New Bond Issue occurred today and the conditions for the Early Redemption have therefore been fulfilled. The Early Redemption is therefore no longer conditional and will consequently occur on 14 October 2024. The redemption price together with accrued but unpaid interest up to and including 14 October 2024 will be paid to each person who is registered as owner of Bonds in the debt register maintained by Euroclear Sweden AB at the end of business on the record date 7 October 2024.
For further information, please contact:
Jonas Jönehall, CEO
+46 73 920 19 01
Jonas.jonehall@wbgr.se
Robin Sundin, COO
+46 72 529 30 04
robin.sundin@wbgr.se
About Wästbygg Group
The Wästbygg Group is a listed construction and project development company that builds and develops residential, commercial buildings and community service properties, as well as logistics and industrial. The group comprises Wästbygg AB, Rekab Entreprenad AB and Logistic Contractor AB.
The group operates in the most rapidly expanding markets in Sweden, with Logistic Contractor also providing services in the neighboring Nordic countries. In 2023, the group had sales of SEK 4.8 billion and 550 employees.