Issuance of new and tender offer regarding outstanding senior unsecured bonds 2024
Catella AB (publ) ("Catella" or the "Company") has mandated DNB Bank ASA, filial Sverige and Nordea Bank Abp as joint bookrunners to arrange investor meetings to investigate the possibility of issuing new SEK-denominated senior unsecured bonds with an expected volume of SEK 500 million under the Company’s MTN-programme, with an expected tenor of 4.25-4.5 years (the "New Bonds"). Subject to market conditions, a capital markets transaction may follow.
In connection with the issue of the New Bonds, Catella is offering holders of the Company’s outstanding senior unsecured floating rate bonds with an outstanding nominal amount of SEK 942.5 million (ISIN SE0015660444) (the "Existing Bonds") to tender any and all of such holders’ Existing Bonds for purchase by the Company for cash (the "Tender Offer") at a price of 100.00 per cent. of the nominal amount, plus accrued and unpaid interest. The Existing Bonds will be repurchased subject to the terms and conditions described in the Tender Application Form and Tender Information Document.
Tender Application Form and Tender Information Document
Issuance of new green and tender offer regarding outstanding senior unsecured bonds 2024
Catella AB (publ) (“Catella” or the “Issuer”) has mandated DNB Bank ASA, filial Sverige and Nordea Bank Abp as joint bookrunners to arrange investor meetings to investigate the possibility of issuing new SEK denominated senior unsecured green bonds with an expected volume of SEK 500 million under its medium term note programme, with an expected tenor of 3.5 years (the “New Green Bonds”). Subject to market conditions, a capital markets transaction may follow.
In connection with the issue of New Green Bonds, Catella is offering holders of the Issuer’s outstanding senior unsecured floating rate bonds maturing on 17 March 2025 with an outstanding nominal amount of SEK 1,250 million (ISIN: SE0015660444) (the “Existing Bonds”) to tender (subject to a transaction cap) their Existing Bonds for purchase by the Issuer for cash (the “Tender Offer”) at a price of 100.95 per cent of the nominal amount, plus accrued and unpaid interest. The Existing Bonds will be repurchased subject to the terms and conditions described in a tender information document dated 26 August 2024 (the “Tender Information Document”).
MTN programme and green bond framework
Catella has established a Medium Term Note Programme (MTN) with a total framework amount of SEK 3.0 billion. Nordea Bank Abp and DNB Bank ASA, filial Sverige are dealers under the MTN programme. Bonds are issued in SEK or EUR.
Catella has a green bond framework which enables green bonds to be issued under the MTN programme. The green bond framework has been established in line with the International Capital Markets Association’s (ICMA) Green Bond Principles and has been evaluated by an independent third party, S&P Global Ratings. The green bond framework and related governing documents and reporting standards have received a “Light Green” shading from S&P Shades of Green.
Earlier bonds
Bond loan 2021
Catella AB (publ) ("Catella") issued on 17 March 2021 a senior unsecured bond loan of SEK 1,250,000,000 within a total framework amount of SEK 1,500,000,000 on the Swedish bond market. The bonds carry a floating rate interest of STIBOR 3m + 4.75 per cent per annum and matures 17 March 2025.
Issuance of new and tender offer regarding outstanding senior unsecured bonds 2021
Catella AB (publ) has mandated ABG Sundal Collier AB and Nordea Bank Abp as joint bookrunners to arrange investor meetings to investigate the possibility of issuing new SEK denominated senior unsecured bonds with an expected volume of SEK 1,000 million under a framework of SEK 1,500 million with an expected tenor of 4.0 years (the “New Bonds”).
In connection with the issue of New Bonds, Catella is offering holders of the Issuer’s outstanding senior unsecured floating rate bonds notes maturing on 15 June 2022 with an outstanding amount of SEK 750 million (ISIN: SE0009994718) (the “Existing Bonds”) to tender any and all of their Existing Bonds for purchase by the Issuer for cash (the “Tender Offer”) at a price of 101.30 per cent of the nominal amount, plus accrued and unpaid interest. The Existing Bonds will be repurchased subject to the terms and conditions described in a tender information document dated 2 March 2021 (the “Tender Information Document”).
Tender Information Document (in English)
Call Option Notice (in English)
Bond loan 2018
Catella AB (publ) ("Catella") issued subsequent bonds of SEK 250,000,000 under the framework of Catella's existing up to SEK 750,000,000 senior unsecured bonds with ISIN SE0009994718 and maturity in June 2022. The subsequent bond issue was made at a price of 102.50 per cent. of the nominal amount. Catella has previously issued bonds of SEK 500,000,000 (See below) which means that the total framework is now utilised.
The amendment of the terms and conditions, originally dated 9 June 2017 and amended 27 June 2018, for Catella's senior unsecured bonds became effective on 23 May 2019.
Bond loan 2017
Catella AB (publ) ("Catella") issued on 15 June 2017 a senior unsecured bond loan of SEK 500,000,000 within a total framework amount of SEK 750,000,000 on the Swedish bond market. The bonds carry a floating rate interest of STIBOR 3m + 4.00 percentage points per annum and matures 15 June 2022.
Catella listed the bonds on the corporate bond list at Nasdaq Stockholm and the bonds were admitted to trading on 9 August 2017.
Bond loan 2012
Catella AB (publ) announced on 14 September 2012 the issuance of a SEK 200 M unsecured bond loan on the Swedish market. The bond loan had a five year tenor and had a variable interest of three-months STIBOR plus 5.00 per cent. The bond loan had a limit of SEK 300 M. The bond loan was listed since July 2013 at the Corporate Bond list on NASDAQ OMX Stockhom.
Change listing to Nasdaq Stockholm’s main market
Nasdaq Stockholm’s Listing Committee approved on 5 December 2016 that Catella’s shares of series A and B are admitted to trading on Nasdaq Stockholm’s main market.
The last day of trading for Catella’s shares on Nasdaq First North Premier was 16 December 2016, and the first day of trading on Nasdaq Stockholm’s main market was 19 December 2016.
There were no issue of new shares, and shareholders of Catella did not need to take any action in connection with the listing on Nasdaq Stockholm.
A paper copy of the prospectus' may be obtained at Catella’s registered office:
Catella AB
Visitors: Birger Jarlsgatan 6
Box 5894, SE-102 40 Stockholm
Tel +46 8 463 33 1