Oscar Properties () : issues senior unsecured bonds of SEK 550 million

Oscar Properties Holding AB (publ) (the 'Company') has successfully issued senior unsecured bond issue in an amount of SEK 550,000,000 under a framework of up to SEK 1,000,000,000. The new bonds are due in July 2024 and carries a floating interest rate of STIBOR 3m + 7.25 per cent. The Company intends to list the bonds on Nasdaq Stockholm.

The net proceeds from the bond issue will be used to fully redeem the Company's outstanding bond with ISIN: SE0005936390, refinance other debt and general corporate purposes, including investments and acquisitions.

DNB Markets, a part of DNB Bank ASA, Sweden Branch and Swedbank AB (publ) acted as joint bookrunners in connection with the bond issue.

For further information, please contact:
Oscar Engelbert, Founder and CEO of Oscar Properties Holding AB (publ)
Mob: +4670 568 00 01 E-mail: oscar@oscarproperties.se

This information is information that the Company is obliged to make public pursuant to the EU Market Abuse Regulation (596/2014/EU). The information was submitted for publication, through the agency of the contact person set out above, at 17.25 CEST on June 21, 2021.

About Oscar Properties

Oscar Properties is a property company focusing on property management and project de-velopment. We purchase, manage, develop and sell properties in attractive locations throughhout Sweden, with the long-term strategy of being active in both property manage-ment and new production as well as conversions.

Denna information är sådan information som Oscar Properties Holding AB (publ) är skyldigt att offentliggöra enligt EU:s marknadsmissbruksförordning. Informationen lämnades, genom ovanstående kontaktpersons försorg, för offentliggörande den 2021-06-21 17:25 CEST.

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Oscar Properties Holding AB (publ) issues senior unsecured bonds of SEK 550 million