NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN. THE SECURITIES MENTIONED HEREIN HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED. THEY MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES, EXCEPT PURSUANT TO AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT. NO PUBLIC OFFERING WILL BE MADE IN THE UNITED STATES AND THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN.
Autocirc Group AB (publ) (“Autocirc” or the “Company”) is investigating the possibility to carry out a subsequent issue of bonds in the minimum amount of SEK 100,000,000 under the Company’s existing senior secured bond loan 2022/2025 with a total framework amount of SEK 1,500,000,000, of which SEK 1,130,000,000 is outstanding (ISIN: SE0017885916) (the “Bond Issue”). The net proceeds from the Bond Issue will be deployed towards repayment of drawings under the Company’s revolving credit facility. The pro forma leverage ratio following the Bond Issue, according to the bond terms & conditions, is 4.35x. The Bond Issue is expected to be carried out within a near future, subject to market conditions.
Autocirc has mandated Carnegie Investment Bank and Nordea as Joint Bookrunners in connection with the Bond Issue and White & Case as legal advisor to the Company.
For further information, please contact:
Gunilla Andersson, CFO Autocirc Group
E-mail: gunilla.andersson@autocirc.com
Phone: +46 (0)722 184736
This information is information that Autocirc Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08.30 CET on November 23 2023.
