Nordisk Bergteknik announces early redemption of outstanding corporate bonds and enters into facilities agreements with Nordea and Swedbank

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Nordisk Bergteknik AB (publ) (”Nordisk Bergteknik” or the ”Company”) will, in accordance with the press release, dated 20 August 2021, redeem all outstanding corporate bonds of SEK 400 million, 2019/2023 with ISIN SE0012729234 in accordance with the terms and conditions of the bonds.

The redemption date is set for 22 October 2021. In accordance with the terms and conditions of the bonds, the bonds will be redeemed at an amount corresponding to 103.3 percent of the nominal amount (i.e. SEK 1,291,250 per bond). The redemption amount, together with the interest accrued but unpaid up to and including the redemption date, will be paid to each person who at close of business 24 September is registered as a holder of bonds in the register maintained by Euroclear Sweden. In connection with the redemption, the bonds will be delisted from the Nasdaq Stockholm Bond Market.

A notification of early redemption will be sent today by the Company to all directly registered holders and registered authorized managers of the bonds according to the debt register kept by Euroclear Sweden as of 27 September 2021.

This notice is given for informational purposes only and should not be construed as an offer to buy or sell or as a request for an offer to buy or sell the Company’s securities.

Nordisk Bergteknik has entered into facilities agreements with Nordea and Swedbank regarding bank financing to reimburse the corporate bond of SEK 400 million. The financing is conditional of Nordisk Bergteknik listing the Company’s B shares on Nasdaq Stockholm and obtaining share issue proceeds of at least SEK 450 million. The facilities agreement also entails that the Company will have access to a revolving credit facility of SEK 650 million, which means that Nordisk Bergteknik can, among other things, continue with its expansive acquisition strategy.

Carnegie Investment Bank AB (publ) has been financial advisor in connection with the strategic review of the capital structure and Setterwalls has been legal advisor to Nordisk Bergteknik.

This disclosure contains information that Nordisk Bergteknik AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 27-09-2021 08:05 CET.

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