Corem Kelly notes that its parent company Corem Property Group has announced a withdrawal of the tender offer for Corem Kelly’s outstanding 2019/2023 SEK bonds
2022-09-27
Corem Kelly AB (publ)’s (previously Klövern AB (publ)) (”Corem Kelly”) parent company Corem Property Group AB (publ) (“Corem”) has decided to withdraw the outstanding tender offer announced on 22 September 2022 (the “Previous Press Release”) due to prevailing market conditions. Furthermore, Corem has decided not to proceed with the proposed issuance of new green senior unsecured bonds at this time. Corem will continue to monitor the market and look forward to re-engaging with Swedish investors in the future. Consequently, pursuant to the conditions stated in the Tender Information Document referred to in the Previous Press Release, the tender offer is terminated.
Corem Kelly AB (publ)
For additional information, please contact:
Eva Landén, CEO, +46 10 482 76 50, eva.landen@corem.se
Anna-Karin Hag, CFO, +46 10 482 76 54, anna-karin.hag@corem.se
Lars Norrby, IR, +46 76 777 38 00, lars.norrby@corem.se
Corem Kelly AB (publ). Phone: +46 10 482 70 00. Email: info@corem.se.
This information is information that Corem Kelly AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the contact persons above on 27 September 2022 at 10:00 CEST.
This press release has been published in Swedish and in English. In the event of a discrepancy between the language versions, the Swedish version shall take priority.
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