Tender Offer

Opus Group AB (publ) ("Opus" or the "Company") announces the result of the tender offer to the bondholders (the "Bondholders") of its outstanding SEK senior unsecured callable bonds outlined below (the "Bonds") to tender the Bonds for purchase by the Company for cash (the "Tender Offer"). The Tender Offer was made on the terms and subject to the conditions set out in a tender information document dated 23 March 2020 (the "Tender Information Document"), available on the website of the Issuer: https://www.opus.global/investor-relations/tender-offer-and-written-procedure-20182022-500-msek-bonds/ 

Description of the Bonds / ISIN / Outstanding Amount / Minimum Denomination / Purchase Price
May 2022 Senior unsecured callable bonds / SE0010625889 / SEK 500,000,000 / SEK 100,000 / 102.20%

The Tender Offer expired at 17:00 CET on 31 March 2020. The Tender Offer has been accepted by Bondholders representing a total nominal amount of approximately 80 per cent of SEK 500,000,000. 

Opus hereby announces that it will complete the Tender Offer and the price for the Bonds in the Tender Offer amounts to 102.20% of the nominal amount. Opus will also pay accrued and unpaid interest from, but excluding, the previous interest payment date until, and including, the settlement date. Settlement date for the Tender Offer is expected to occur on 16 April 2020.

Written Procedure

In connection with the Tender Offer, the Company instigated a written procedure (the "Written Procedure"), for which notices were distributed on 23 March 2020 by Nordic Trustee and Agency AB (publ) (the "Agent"), pursuant to the terms and conditions of the Bonds (the "Terms and Conditions"). Further information is available on the website of the Issuer: https://www.opus.global/investor-relations/tender-offer-and-written-procedure-20182022-500-msek-bonds/ 

As of the time for this press release, Bondholders representing approximately 70 per cent of the Adjusted Nominal Amount (as defined in the Terms and Conditions) of the Bonds have voted in favour of the request in the Written Procedure.

As a result, a requisite quorum and majority have now been achieved in the Written Procedure in order to approve the requests in the Written Procedure and consequently, this condition for the Tender Offer has now been fulfilled. The final result in the Written Procedure will be announced by the Agent once determined.

Tender Agent:

Swedbank AB (publ)
Phone: +46 (0)8 700 90 22
E-mail: syndicate@swedbank.se

Gothenburg, April 6, 2020
Opus Group AB (publ)  

This is information that Opus Group 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 persons set out herein, at 17:00 CEST on 6 April, 2020.