Caverion Corporation (“Caverion” or the “Company”) announces the results of its voluntary cash offer to purchase up to EUR 50 million of its EUR 100 million hybrid notes (the “Capital Securities”) issued on 16 June 2017 (ISIN: FI4000266614). Caverion has set the final acceptance amount to an aggregate principal amount of EUR 33.94 million.
The aggregate nominal amount of the Capital Securities validly tendered in the tender offer amounted to EUR 33.94 million. All valid tender instructions are accepted in full.
The new issue condition, as described in the stock exchange release published on 14 March 2019, has been fulfilled. The purchase price for the Capital Securities is EUR 20,240 per nominal amount of EUR 20,000 (or 101.20%). Accrued and unpaid interest will be paid in respect of all Capital Securities accepted for purchase. The settlement date for the tender offer is 28 March 2019.
All Capital Securities purchased by the Company will be cancelled.
Nordea Bank Abp and Skandinaviska Enskilda Banken AB (publ) act as Dealer Managers for the transaction. Nordea Bank Abp acts as Tender Agent for the tender offer.
Castrén & Snellman Attorneys Ltd acts as legal advisor to Caverion Corporation, Dealer Managers and Tender Agent.
Distribution: Nasdaq Helsinki, principal media, www.caverion.com
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