ADDvise Group

ADDvise Group AB (publ) (“ADDvise” or the “Company”) has mandated Nordea Bank Abp to arrange a series of credit investor meetings commencing on 14 May 2025, to explore the possibility of issuing senior unsecured floating rate bonds with an expected volume of SEK 800 million within a framework of SEK 1,600 million and with a tenor of 3.5 years (the “New Bonds”). A capital markets transaction will follow, subject to market conditions. ADDvise also intends to enter into a new secured facilities agreement of the equivalence of SEK 450 million with Nordea Bank Abp, filial i Sverige, whereunder the Company’s direct subsidiary ADDvise Midco AB will be the borrower (the “New Facilities Agreement”). The Company intends to use the net proceeds from the issue of the New Bonds as well as parts of the loans under the New Facilities Agreement to refinance the Company’s outstanding senior secured bonds (as further described below). The refinancing and the New Facilities Agreement aims to further strengthen the Company’s capital structure, decrease the Company’s financial costs and improve the conditions for continued growth.

In connection with the contemplated issue of the New Bonds, the Company announces an offer to holders of the Company’s outstanding senior secured bonds of SEK 1,450 million due 2026 with ISIN SE0020180271 (the “2026 Bonds”) and the Company’s outstanding senior secured bonds of USD 60 million due 2027 with ISIN NO0013180786 (the “2027 Bonds”) to tender their bonds for cash repurchases by ADDvise of 2026 Bonds at a price of 102.278 per cent. of the nominal amount and 2027 Bonds at a price of 105.182 per cent. of the nominal amount, in each case plus accrued but unpaid interest (the “Tender Offer”). The 2026 Bonds and the 2027 Bonds will be repurchased subject to the terms and conditions described in a tender information document dated 14 May 2025 (the "Tender Information Document"), which is available on the Company’s website.

The Tender Offer expires at the later of 12:00 CEST on 20 May 2025 and the date for the pricing of the New Bonds, which will be announced by the Company in connection therewith, unless extended, shortened, re-opened, withdrawn or terminated by the Company. Settlement of the Tender Offer is expected to occur on or around 28 May 2025. The Company’s repurchase of the 2026 Bonds and the 2027 Bonds is conditional upon a successful issue of the New Bonds and the entering into of the New Facilities Agreement as well as the conditions set forth in the Tender Information Document. Holders of the 2026 Bonds and the 2027 Bonds participating in the Tender Offer may be prioritized in the allocation of the New Bonds, subject to the terms set out in the Tender Information Document.

Further, the Company has today instructed the agent under the 2026 Bonds and the 2027 Bonds, CSC (Sweden) AB, to send conditional notices of early redemption of the 2026 Bonds and the 2027 Bonds (the “Notices”). In accordance with the Notices, ADDvise will, conditional upon a successful issue of the New Bonds (including the receipt of the proceeds) as well as the entering into of the New Facilities Agreement, redeem all 2026 Bonds and 2027 Bonds not repurchased by ADDvise pursuant to the Tender Offer at an amount of 102.278 per cent. of the total outstanding nominal amount under the 2026 Bonds and 104.850 per cent. of the total outstanding nominal amount under the 2027 Bonds, in accordance with their respective terms and conditions, in each case plus accrued but unpaid interest. The redemption date will occur on 11 June 2025 and the record date for the early redemption will be 3 June 2025 for the 2026 Bonds and 6 June 2025 for the 2027 Bonds. The Notices of early redemption are available on the websites of ADDvise and CSC (Sweden) AB.

The Company has mandated Nordea Bank Abp as sole arranger and bookrunner in respect of the issuance of the New Bonds, and as dealer manager and tender agent for the Tender Offer. Gernandt & Danielsson Advokatbyrå acts as legal advisor.

For further information, please contact:
Staffan Torstensson, CEO
+46 70 433 20 19
staffan.torstensson@addvisegroup.se

Hanna Myhrman, General Counsel
+46 709 82 92 23
hanna.myhrman@addvisegroup.se

This information is such that ADDvise Group AB (publ) is obliged to disclose pursuant to the EU Market Abuse Regulation. The information was released for public disclosure, through the agency of the contact persons above, on May 14, 2025, at 08:00 CEST.

About ADDvise Group
ADDvise is an international life science group. Operating a decentralised ownership model, we develop and acquire high quality companies within the business areas Lab and Healthcare. The Group comprises more than 20 companies and generates annual revenues of close to SEK 1.7 billion. ADDvise is listed on Nasdaq First North Premier Growth Market. Mangold Fondkommission AB, +46 8 503 015 50, CA@mangold.se, is the company's Certified Adviser. More information is available at www.addvisegroup.com.