Pressemeddelelse

Corem Property Group: Corem redeems bonds maturing in May 2026 and announces repurchase of bonds maturing in 2027 and 2028

 

Corem Property Group AB (publ) ("Corem") will, at maturity on 7 May 2026, redeem the outstanding bonds under Corem's green bond loan with ISIN SE0021514429 (senior unsecured bonds 2024/2026) (the "Bond Loan"). The Bond Loan has a total remaining amount of approximately SEK 974 million after bonds repurchased under the Bond Loan have been cancelled in accordance with the bond terms, and it will be redeemed in full at maturity.

In addition, Corem has repurchased bonds totaling SEK 10 million in a bond loan maturing in January 2027 and SEK 20 million in a bond loan maturing in April 2028.

As a result, the outstanding bond volume amounts to approximately SEK 3,866 million after repayment of the Bond Loan, representing a reduction of approximately SEK 1,004 million. In addition to reducing the company's total outstanding bond volume, these measures contribute to lowering the company's interest expenses and strengthen both the equity ratio and the interest coverage ratio.


Corem Property Group AB (publ)


FOR FURTHER INFORMATION, PLEASE CONTACT
Rutger Arnhult, CEO, +46 70 458 24 70, rutger.arnhult@corem.se
Eva Landén, Deputy CEO, +46 10 482 76 50, eva.landen@corem.se

Corem Property Group AB (publ)
Address: P.O. Box 56085, SE-102 17 Stockholm
Visitors: Riddargatan 13 C
Reg.no: 556463-9440
www.corem.se

This press release is in all respects a translation of the Swedish original press release. In the event of any discrepancies between this translation and the Swedish original, the latter shall prevail.