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On 22 November 2022 Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") announced that the results from the tender offer (the "Tender Offer") to the holders of Cibus' outstanding senior unsecured floating rate notes 2020/2023 with ISIN SE0014479366 and outstanding amount of EUR 135 million (the "Notes") would be announced separately. The Tender Offer expired at 12:00 CET on 23 November 2022 and was made subject to the terms and conditions described in the tender information document dated 21 November 2022 ("Tender Information Document"). The Company has received Priority Tenders (as defined in the Tender Information Document) in a total nominal amount of EUR 46.9 million. Cibus intends to accept all Priority Tenders received. Tender instructions which are not Priority Tenders will not be accepted.
NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA) OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT. THE DISTRIBUTION OF THIS DOCUMENT IN CERTAIN JURISDICTIONS (IN PARTICULAR, THE UNITED STATES AND THE UNITED KINGDOM) MAY BE RESTRICTED BY LAW
Cibus intends to complete the Tender Offer and the price for the Notes in the Tender Offer amounts to 101.00% of the nominal amount. Cibus will also pay accrued and unpaid interest on the Notes on the settlement date in accordance with the terms and conditions of the Notes. The settlement date for the Tender Offer is expected to occur on 1 December 2022.
Nordea Bank Abp and OP Corporate Bank acted as dealer managers for the Tender Offer. Roschier Advokatbyrå acted as legal advisor to the Company.
23 November 2022
For further information, please contact:
Sverker Källgården, CEO, Cibus Nordic Real Estate AB (publ), tel: +46 761 444 888
Pia-Lena Olofsson, CFO, Cibus Nordic Real Estate AB (publ), tel: +46 708 580 453
This press release contains information that Cibus Nordic Real Estate AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information was submitted for publication, through the agency of the contact persons set out above, at 16.00 CET on 23 November 2022.
Cibus is a real estate company listed on Nasdaq Stockholm Mid Cap. The company's business idea is to acquire, develop and manage high quality properties in the Nordics with daily goods store chains as anchor tenants. The company currently owns about 450 properties in the Nordics. The main tenants are Kesko, Tokmanni, Coop Sweden, S Group and Lidl.