Other news

Final tender results for SSAB’s repurchase of its EUR 350 million bonds due 2019

Investors
March 04, 2016 13:45 CET
SSAB announces today the final results of the tender offer relating to its outstanding EUR 350 million senior unsecured notes issued in 2014 with a fixed coupon of 3.875%. The offer period expired at 5pm CET on March 3, 2016. The total principal amount of notes accepted for purchase by SSAB was EUR 105,734,000 representing 30.2% of the aggregate amount of all the notes.

The final purchase price of the notes is EUR 940 for each EUR 1,000 nominal amount of the notes, which will be paid to the relevant qualifying noteholders, together with accrued interest. The settlement will occur on March 9, 2016.

Pohjola Bank plc acted as exclusive Dealer Manager for the tender offer. Citibank N.A., London Branch acted as Tender Agent.

For further information, please contact
Andreas Koch, Head of Investor Relations, [email protected],
+46 8 454 57 29
Patrik Juhlin, Group Treasurer,
[email protected], +46 8 454 5744
Peter Nordquist, Head of Funding and Market Operations,
[email protected], +46 8 454 5745

DISCLAIMER: Not for distribution in or into or to any person located or resident in the United States, its territories and possessions (including Puerto Rico, the U.S. Virgin islands, Guam, American Samoa, Wake Island and the Northern Mariana Islands), any state of the United States or the District Of Columbia or in or into any other jurisdiction where it is unlawful to distribute this document.

Attachments

Final tender results for SSAB’s repurchase of its EUR 350 million bonds due 2019

Category and tags

Related articles

Jul 9Regulatory press releases
Invitation
Q2
Investors

SSAB invites you to a presentation of the Q2 2025 report at 9.30am CEST on Wednesday, July 23, 2025. The report will be published at approximately 7.30am CEST on the same date.

Jun 18Regulatory press releases
Investors
Capital markets day

SSAB’s Capital Markets Day 2025 for investors, analysts and media representatives will be held in Oxelösund, Sweden on November 4, 2025.

Apr 29Regulatory press releases
Annual General Meeting
Investors

SSAB’s annual general meeting (AGM) was held today, April 29, 2025, in Stockholm. The shareholders were also able to exercise their voting rights by postal voting. The AGM resolved on a dividend of...