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Host Property AB (publ) initiates a written procedure to request amendments in respect of the terms and conditions of its listed bonds

Host Property AB (publ) (the "Company") has instructed Nordic Trustee & Agency AB (publ) (the "Bond Trustee") to initiate a procedure in writing (the "Written Procedure") to request the Bondholders' approval for amendments of the terms and conditions (the "Terms and Conditions") of the Company's SEK 500,000,000 senior secured and guaranteed floating rate bonds, ISIN: SE0013486057 (with an aggregate amount outstanding of SEK 343,126,000) (the "Bonds").

Capitalised term used but not defined herein shall have the meaning given to it in the Terms and Conditions.

Certain Bondholders representing 68.14 per cent. of the Total Nominal Amount (the "Major Bondholders") have, by a standstill letter (the "Letter"), agreed on and undertaken to, inter alia, vote in favour of the amendments to the Terms and Conditions. The Letter will expire on the earlier of (i) 28 November 2022, (ii) the date the proposed amendments are approved by the Bondholders in the Written Procedure, or (iii) the date the Letter expires due to the Company's breach of the conditions set out in the Letter. The proposed amendments include, amongst other things, an extension of the term of the Bonds as well as increased Margin and premiums applicable at redemption and prepayments of the Bonds. Please refer to the notice for written procedure dated 9 November 2022 (the "Notice") for a more detailed description of the amendments.

The Notice is held available by the Bond Trustee on its web page, www.nordictrustee.com and is attached to this announcement. The Written Procedure is conducted in accordance with Clause 21 (Written Procedure) of the Terms and Conditions. The Company has appointed Nordea Bank Abp, filial i Norge and Arctic Securities AS, filial i Sverige to act as financial advisor in relation to the Written Procedure.

Important information regarding the fee:

If the proposed amendments are approved by the Bondholders, a fee amounting to four (4.00) per cent. of the Nominal Amount will be paid to the Bondholders who were eligible to vote in the Written Procedure (regardless if such Bondholder has participated in the Written Procedure or voted for or against the proposal).

Please refer to the Notice for full details regarding the Written Procedure, voting requirements, majority and quorum requirements, conditions for payment of the fee and important dates/timetable.

For questions regarding the administration of the Written Procedure, please contact the Bond Trustee at [email protected] or +46 8 783 79 00.

For other questions, please contact Nordea:

Nordea Bank Abp
E-mail: [email protected]
Telephone: +45 61 61 29 96

Contact details regarding the Company:

Christian Fuhr, Investor Relations, Host Property AB
E-mail: [email protected]
Telephone: +47 98 22 85 16

This information is information that Host Property AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation (MAR). The information was submitted for publication through the agency of the contact person set out above at 17:55 CET on November 9, 2022.

Host Property AB (publ) obtains approval from Bondholders regarding certain amendments to the terms and conditions

(including an extension of the terms) of its outstanding senior secured bond loan



Host Property AB (publ) initiates a written procedure to request amendments in respect of the terms and conditions of its listed bonds

Host Property AB (publ) (the "Company") has instructed Nordic Trustee & Agency AB (publ) (the "Bond Trustee") to initiate a procedure in writing (the "Written Procedure") to request the Bondholders' approval for amendments of the terms and conditions (the "Terms and Conditions") of the Company's SEK 500,000,000 senior secured and guaranteed floating rate bonds, ISIN: SE0013486057 (with an aggregate amount outstanding of SEK 343,126,000) (the "Bonds").


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