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by Stuart Aylward
May 04, 2026 5:10 AM ET
Axentia Group AB (publ) has mandated DNB Carnegie as Sole Global Coordinator and Joint Bookrunner and SEB as Joint Bookrunner to arrange meetings with fixed income investors commencing 04-May-26.
A new senior secured bond issue denominated in EUR with an expected issue volume of €110 million and a tenor of 4 years may follow, subject to, among other things, prevailing market conditions.
The net proceeds from the New Bonds will be used to refinance the Company's outstanding senior secured bonds 2024/2028 with ISIN SE0022060711 (the "Outstanding Bonds"), repay vendor loans and make a shareholder distribution.
In connection with the potential transaction, Axentia is offering holders of the Outstanding Bonds the opportunity to participate in a tender offer whereby the Company will repurchase Outstanding Bonds at a price of 102.50 per cent of the nominal amount plus accrued and unpaid interest. The Tender Offer will expire at 14:00 CEST on 08-May-26, unless extended, reopened, withdrawn or terminated at the Company's discretion. Settlement of the Tender Offer is expected to occur in connection with the issuance of the New Bonds.
Conditional upon the successful issuance of the New Bonds, Axentia further intends to exercise its right to make an early redemption of the Outstanding Bonds not tendered in connection with the Tender Offer at the redemption price of 102.50 per cent. of the nominal amount together with accrued and unpaid interest up to and including the redemption date.
Call Schedule:
Global Investor Call #1 (Swedish)
Global Investor Call #2 (English)
Management will be available for 1-1 meetings from Monday 04-May-26.
MiFID II professionals/ECPs/retail clients/No PRIIPs KID – Manufacturer target market (MIFID II product governance) is eligible counterparties, professional clients and retail clients (all distribution channels). No PRIIPs key information document (KID) has been prepared as not deemed within scope.