August 25, 2021, 10:00 EET
Ã landsbanken Abp announces call price increase in the consent solicitation process for its Bonds due 2022
NOT FOR DISTRIBUTION, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, SOUTH AFRICA, JAPAN, NEW ZEALAND OR SINGAPORE OR ANY OTHER JURISDICTION , PUBLICATION OR DISTRIBUTION WOULD BE ILLEGAL OR REQUIRED REGISTRATION OR OTHER MEASURES. THIS NOTICE DOES NOT CONSTITUTE AN OFFER TO SELL OR PURCHASE THE SECURITIES DESCRIBED HERE
Capitalized terms used herein will have the meaning assigned to them in the Written Notice of Procedure dated August 17, 2021.
Ã landsbanken Abp (âÃ landsbankenâ) announced on August 17, 2021 a solicitation of consent for its outstanding variable interest rate bonds up to SEK 2,500,000,000 maturing in 2022 (ISIN SE0010598474) (the âBondsâ) issued within the framework of the medium term bond and the covered bond of landsbanken in the amount of EUR 2,000,000,000. Program. Ã landsbanken has initiated a consent solicitation process and initiated the written process for Noteholders to vote for or against the proposal to change the terms and conditions of the Notes by adding a call option whereby Ã landsbanken can redeem all of it, but not only, of the Notes in circulation in their entirety at any time before the Final Maturity Date in an amount equal to 100.800 percent. the nominal amount (the âCall Priceâ) as well as accrued but unpaid interest.
Today, Ã landsbanken announces that it has decided to increase the call price for each validly redeemed ticket by 100.800 percent. at 100.900 percent. the nominal amount of each Note. 0.30 percent consent fee. remains unchanged.
At the same time, Ã landsbanken announces that it has extended the early deadline from August 25, 2021 to August 27, 2021, 12:00 p.m. CET.
Noteholders who have already voted in favor of the proposal through their nominee or custodian do not have to re-vote their Notes or take any other action due to the increase in the call price. A Holder who has voted against the Proposal may revoke that vote and instead cast a vote in favor of the Proposal through his agent or custodian before the Early Deadline. Noteholders who wish to change their vote are urged to contact their agent or custodian in order to revoke and amend the voting instructions issued.
Apart from the increase in the Call Price and the postponement of the Early Deadline, all the terms and conditions of the Written Procedure remain unchanged. If you have any questions regarding the Procedure in writing, please contact:
Tabulation Agent, Nordea Bank Abp, e-mail: [email protected],
Attention: Nordea Liability Management, tel. +45 6161 2996.
Group Treasury Manager
e-mail: [email protected]
Phone. +358 204 293 683
e-mail: [email protected]
Phone. +358 204 293 630
With respect to the process of soliciting consent, this announcement should be read in conjunction with the written Notice of Procedure. If a Noteholder has any doubts as to the contents of this Exchange News Release, the information contained in the Written Proceedings Notice, or the actions to be taken, such Noteholder should seek their own financial and legal advice. , including with regard to any tax consequences, immediately from its broker, bank manager, notary, accountant or other independent financial, tax or legal advisor.
Neither this announcement nor the written notice of proceeding constitutes an invitation to participate in the solicitation of consent in any jurisdiction in which, or to any person to or from whom, it is illegal to make such invitation or for ‘There is such participation under securities laws.
In a number of jurisdictions, including Australia, Canada, South Africa, Singapore, Japan and the United States, the distribution of this announcement or the Notice of Procedure in writing may be subject to restrictions. imposed by law (such as registration of the relevant offering documents, admission, qualification and other regulations). Persons in possession of this announcement or the written notice of procedure are required to inform themselves and to comply with these restrictions. In particular, none of the securities referenced in this press release, including the Notes, nor the Written Procedure Notice have been or will be registered under the United States Securities Act of 1933, as amended (the â Securities Act â) or the securities laws of any state of the United States and as no security may be offered or sold (and the solicitation of consent is not made) in the United States except under ” an exemption from registration under the Securities Act.
The solicitation of consent is only made outside the United States. Neither this announcement nor the written notice of proceeding constitutes an offer to sell or the solicitation of an offer to buy securities and does not constitute an offer, solicitation or sale in the United States or in any other jurisdiction. in which any such offer, solicitation or sale would be illegal. This announcement or written notice of proceeding must not be published or otherwise transmitted, distributed or sent, directly or indirectly, in whole or in part, in the United States or in any jurisdiction where distribution of such materials would violate any law. or regulation or would require registration or license in that jurisdiction. Failure to comply with the foregoing limitation may result in a violation of the Securities Act or other applicable securities laws.
The information contained in this document may contain forward-looking statements. All statements other than statements of historical fact included in the information are forward-looking statements. Forward-looking statements give Ã landsbanken’s current expectations and projections regarding its financial condition, results of operations, plans, objectives, performance and future activities. Such statements may include, but are not limited to, statements preceded, followed by or including terms such as “anticipate”, “aim”, “intends”, “may”, “plan”, “should”, “could” and other words and terms of similar meaning or the negative thereof. These forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the control of Ã landsbanken which could cause the actual results, performance or achievements of Ã landsbanken to be materially different from the results, performance or achievements. expectations expressed or implied by these forward-looking statements. . These forward-looking statements are based on numerous assumptions about Ã landsbanken’s present and future business strategies and the environment in which it will operate in the future.