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Published on 9/22/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Magnolia Bostad will redeem bonds due 2022 on Oct. 14 at 102.125

Chicago, Sept. 22 – Magnolia Bostad AB provided more details about its upcoming early redemption for its SEK 500 million bond loan due 2022 (ISIN: SE0011721497), according to a press release.

The company has set the early redemption date for Oct. 14.

The bonds will be redeemed at 102.125, plus accrued interest.

The redemption is still subject to a financing condition.

Magnolia Bostad, through its subsidiaries, acquires, develops and converts properties into rental and tenant-owned apartments. The company is based in Stockholm.


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