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Published on 6/22/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

SSCP Lager gives final tender results for floating-rate notes due 2024

By Rebecca Melvin

Concord, N.H., June 22 – SSCP Lager BidCo AB (publ) announced the final results of a June 16 cash tender offer for its SEK 900 million of senior secured floating-rate notes (ISIN: SE0013358686), according to a company release on Tuesday.

The company purchased SEK 89,875,000 of the notes at 103, and it will also pay accrued interest.

Settlement will occur on June 28 as a secondary trade via Nordea Bank Abp (nordealiabilitymanagement@nordea.com) as dealer manager and tender agent for the offer.

In the coming months, SSCP plans to carry out open market purchases of the notes that remain outstanding.

SSCP Lager is a parent company of the Logent group and a logistics company based in in Stockholm


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