Cibus Nordic Real Estate AB (publ) announces tender offer regarding its outstanding EUR bonds and considers issuance of new EUR bonds

NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA) OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT. THE DISTRIBUTION OF THIS DOCUMENT IN CERTAIN JURISDICTIONS (IN PARTICULAR, THE UNITED STATES AND THE UNITED KINGDOM) MAY BE RESTRICTED BY LAW

Cibus Nordic Real Estate AB (publ) (the "Issuer" or "Cibus") is offering holders of the Issuer's outstanding EUR bonds outlined below (the "Bonds") to tender Bonds for purchase by the Issuer for cash (the "Tender Offer") at the purchase price set out below, plus accrued and unpaid interest. The Bonds will be repurchased subject to the terms and conditions described in a tender information document dated June 8, 2020.

Description of the Bonds / ISIN / Issued Amount / Outstanding Amount / Min. Denomination / Purchase Price

2018/2021 Sr Unsec FRN / SE0010740530 / EUR 135m / EUR 135m / EUR 100,000 / 101.70%

The tender information document can be found in the following link:
https://www.cibusnordic.com/investors/the-bond/eur-bond-135-meur/

In connection with the Tender Offer, the Issuer announces that it contemplates to issue EUR denominated 3.25 years senior unsecured bonds (the "New Bonds"), subject to market conditions.

The Tender Offer expires at 12:00 CEST on June 11, 2020, unless extended, re-opened, withdrawn or terminated at the sole discretion of the Issuer. Settlement of the Tender Offer is expected to occur at or around June 18, 2020. The Issuer's repurchase of Bonds is conditional upon a successful issue of New Bonds.

Holders of Bonds who accept the Tender Offer will be eligible to receive a priority in the allocation of the New Bonds, subject to the terms set out in the Tender Information Document.

Conditional upon the consummation of a successful issue of the New Bonds, Cibus may exercise its right to make a voluntary early redemption of the Bonds which are not being tendered in the Tender Offer, in accordance with the terms and conditions of the Bonds. The Bonds will in such early redemption be redeemed at a price equal to 101.50 per cent. of the nominal amount (plus accrued and unpaid interest).

The Issuer has mandated Danske Bank A/S, Danmark, Sverige Filial ("Danske Bank") and Nordea Bank Abp ("Nordea") as joint arrangers and bookrunners in respect of the issuance of the New Bonds and as dealer managers and tender agents for the Tender Offer.

Attachment: The tender information document.

Dealer Managers and Tender Agents:

Danske Bank A/S, Danmark, Sverige Filial: +46 (0)8- 23 56 23, [email protected]
Nordea Bank Abp: +45 61 36 03 79, [email protected]

June 8, 2020