VNV Global

VNV Global AB (publ) (“VNV Global” or the “Company”) today announces a partial buyback offer (the “Buyback”) to the holders of the Company’s outstanding 2022/2025 SEK 1,200 million bond loan with ISIN SE0017483019 (the “Bonds”). The Company intends to repurchase up to SEK 360 mln of Bonds (the “Transaction Cap”) in the Buyback with the final purchase price being set by way of a book building process. The Buyback will be financed by utilising funds from the portfolio sale announced on 19 February 2024 that was partially closed on 13 March 2024. The Company reserves the right, in its sole discretion, to repurchase more or less than the Transaction Cap, subject to applicable law. The Company may, as determined in the sole discretion of the Company, give priority to holders of Bonds participating in the Buyback at the accepted final purchase price following the book building process who submitted valid repurchase instructions early, accepted repurchases in higher amounts, accepted repurchases at lower purchase price and otherwise on a pro rata basis.

The final purchase price will apply to all investors participating in the Buyback and the offer period will conclude at 15:00 CET on 22 March 2024 (“Expiration Date”), unless extended, re-opened, withdrawn or terminated at the sole discretion of the Company which in such case will be announced by the Company by way of a press release. The Company will announce the results of the Buyback as soon as reasonably practicable after the Expiration Date.

The Company is not under any obligation to accept any Bonds for repurchase pursuant to the Buyback. Any Bond offered to the Company for repurchase may be rejected by the Company and the Company is not under any obligation to holders of Bonds to furnish any reason or justification for refusing to accept Bonds offered for repurchase.

Investors interested in participating in the Buyback are asked to contact Pareto Securities in accordance with the details set out below.

For further information about the Buyback, please contact:
Caroline Nytvedt
DCM Syndicate, Pareto Securities
+47 22 87 88 17
caroline.nytvedt@paretosec.com