ZetaDisplay AB (publ) announces successful issue of new bonds
Summary
The Bonds carry floating rate interest of 3m STIBOR plus a margin of 6.50% and were placed at par. The transaction was met with strong demand from new and existing institutional investors.Settlement of the Bond Issue is expected to be on or about 4 April 2025 and the Company intends to apply for listing of the Bonds on Nasdaq Stockholm.Further, the Company is announcing the results of its offer directed at holders of the Companys existing senior secured bonds with ISIN SE0018742488 (the "Existing Bonds") to tender any and all of their Existing Bonds for purchase by the Company for cash at a price of 102.325% plus accrued but unpaid interest subject to the terms and conditions set forth in the tender information document dated 14 March 2025 (the "Tender Information Document") (the "Tender Offer").The Tender Offer expired today at 13:00 CET. The Company has accepted for purchase all valid tender instructions from holders of Existing Bonds. The redemption of the Existing Bonds as described herein, and the giving of this notice, is subject to and conditional upon the satisfaction of the Conditions, and the Issuer shall not, and shall have no obligation to, redeem the Existing Bonds pursuant to this notice unless the Conditions have been satisfied.The Existing Bonds will be de-listed from the corporate bond list of Nasdaq Stockholm (as applicable) in connection with the Redemption Date.Pareto Securities acted as Global Coordinator and Joint Bookrunner and Nordea Bank Abp acted as Joint Bookrunner for the Bond Issue.For further information please contact:This information is such information that the Company is obliged to make public pursuant to the EUs Market Abuse Regulation (596/2014/EU). This information was submitted for publication, through the agency of the contact persons above, on March 21th, 2025, at 16.30 CET.