SSCP Lager BidCo starts conditional tender offer for notes due 2024

Chicago, Nov. 9 – SSCP Lager BidCo AB (publ) (Logent) announced a conditional any-and-all tender offer for its SEK 900 million senior secured floating-rate notes due 2024 (ISIN: SE0013358686), according to a press release.

The company noted that it holds SEK 90 million of the notes.

The issuer is offering a purchase price of 100.734 plus unpaid interest.

The tender offer is linked to the sale of new senior secured floating-rate notes with a three-year tenor.

The tender offer expires at book close of the bookbuilding process for the new notes.

Settlement is expected on or around 10 business days following the close of books on the new offer.

Tendering noteholders may receive priority allocation in the new notes offering.

Any notes not tendered in the tender offer may be called for early redemption, at the same 100.734 price.

Nordea Bank Abp and Pareto Securities AS are working as dealer managers for the tender offer.

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

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