Hoist Group Holding Intressenter AB (publ) gives notice that the financing condition for voluntary total redemption of its outstanding bonds has been satisfied
Hoist Group Holding Intressenter AB (publ) (the “Issuer”) confirms that the financing condition contained in the notice of conditional redemption given on 24 March 2021 to all holders of its SEK 500,000,000 Senior Secured Callable Floating Rate Bonds Issue 2017/2021 with ISIN SE0010101576 (the “Bonds”) has been satisfied.
In the notice of conditional redemption dated 24 March 2021 from the Issuer to the holders of the Bonds, the Issuer notified the holders of the Bonds of its intention to redeem the outstanding Bonds, subject to the closing of a new financing (the “Condition”).
The Issuer hereby confirms that the Condition has been satisfied and that the Issuer will redeem the outstanding Bonds on 21 April 2021 (the “Redemption Date”). Consequently, the record date will be 14 April 2021.
The Bonds will accordingly be redeemed on the Redemption Date at a redemption price of 100.625 per cent. of the nominal amount of the Bonds together with accrued and unpaid interest up to and including the Redemption Date.
14 April 2021 will be the last day for trading of the Bonds and the Bonds will be delisted on that date.
This information is information that the Issuer is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 17:00 CEST on 13 April 2021.
For more information please contact:
Magnus Lindholm, CFO, Hoist Group
About Hoist Group
Hoist Group provides technology solutions to hotels, enabling them to manage coherent end-to-end digital journeys for their guests. Hoist Group optimizes guest services by correlating and analyzing the data that comes from its innovative Property Management & Booking Software, Managed IP Networks, Internet and TV Content as well as from many other digital touchpoints. Headquartered in Stockholm with 20 offices across EMEA, Hoist Group has nearly 500 dedicated staff serving over 8,000 unique hotels.