Cibus Nordic Real Estate AB (publ) issues green notes of SEK 700m and exercises its early redemption of the company's existing notes 2020/2023 with ISIN SE0014453130

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

New issue
Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") has successfully issued senior unsecured notes in the total amount of SEK 700 million under the Issuer's MTN programme (the "New Senior Unsecured Notes"). The New Senior Unsecured Notes have a tenor of 3 years and a floating interest rate of STIBOR three months plus 595 bps and will mature on 2 September 2025. Cibus intends to apply for listing of the New Senior Unsecured Notes on the sustainable corporate bond list of Nasdaq Stockholm.

Tender offer
Cibus will announce the results of the tender offer (the "Tender Offer") to the holders of Cibus outstanding senior unsecured floating rate notes 2020/2023 with ISIN SE0014453130 and outstanding amount of SEK 600 million (the "Notes"). The Tender Offer expired at 12:00 CEST on 26 August 2022. The Company will issue a separate press release relating to the total nominal amount accepted in the Tender Offer. Cibus intends to complete the Tender Offer and the price for the Notes in the Tender Offer amounts to 101.85% of the nominal amount. Cibus will also pay accrued and unpaid interest on the Notes on the settlement date in accordance with the terms and conditions of the Notes. The settlement date for the Tender Offer is expected to occur on or around 2 September 2022.

Early redemption
Cibus also announces its intention to exercise its right to make an early redemption of the Notes not being tendered in the Tender Offer, in accordance with Clause 9.3 (Voluntary total redemption (call option)) of the terms and conditions of the Notes. The redemption date will be 21 September 2022 and the redemption amount for each Note shall be the applicable call option amount (being 101.58 per cent. of the nominal amount of the Notes), plus accrued but unpaid interest. The redemption amount will be paid to the holders holding Notes on the relevant record date (being 14 September 2022).

Cibus obligation to redeem the Notes on the redemption date is conditional upon disbursement of the net proceeds from the New Senior Unsecured Bonds. 

Subject to the above, the Notes will be de-listed from the corporate bond list of Nasdaq Stockholm in connection with the redemption date and the last day of trade will occur on or about 13 September 2022.

Danske Bank and Swedbank acted as bookrunners in respect of the issuance of the New Senior Unsecured Notes and as dealer managers for the Tender Offer. Roschier Advokatbyrå acted as legal advisor to the Company.

Dealer Managers:
Danske Bank: +46 (0)8- 23 56 23, [email protected]
Swedbank: [email protected]

For further information, please contact:

Sverker Källgården, CEO, Cibus Nordic Real Estate AB (publ), tel: +46 761 444 888
Pia-Lena Olofsson, CFO, Cibus Nordic Real Estate AB (publ), tel: +46 708 580 453

This press release contains information that Cibus Nordic Real Estate AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information was submitted for publication, through the agency of the contact persons set out above, at 18:00 CEST on 26 August 2022.

Cibus is a real estate company listed on Nasdaq Stockholm Mid Cap. The company's business idea is to acquire, develop and manage high quality properties in the Nordics with daily goods store chains as anchor tenants. The company currently owns about 450 properties in the Nordics. The main tenants are Kesko, Tokmanni, Coop Sweden, S Group and Lidl.


Om Cibus

Cibus affärsidé är att förvärva, förädla och utveckla högkvalitativa fastigheter i Norden med välrenommerade livsmedelsbutiker och dagligvarukedjor som ankarhyresgäster för att kunna ge en stabil, konjunkturoberoende och ökande utdelning till våra aktieägare.

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www.cibusnordic.com
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Marknad Stockholmsbörsen Kortnamn CIBUS ISIN-kod SE0010832204