Swedavia AB (publ) considers issue of hybrid capital securitiesSwedavia AB (publ) is assessing market conditions for issuing new Swedish kronor-denominated hybrid capital securities. The aim of the transaction is to provide the best possible financial flexibility in the execution of Swedavia's strategy and mission, whilst securing Swedavia's capital structure objectives. NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, JAPAN OR AUSTRALIA OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION, DISTRIBUTION OR RELEASE WOULD BY UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURES.
On November 7, 2023, at 11:50 CET, an investor meeting will be held for the proposed transaction.
Subject to market conditions, the capital is expected to be a SEK-denominated perpetual non-call 5-year hybrid capital securities that is subordinate to Swedavia's outstanding senior bonds.
The hybrid capital securities are expected to have a perpetual maturity and with the first possibility of call after 5 years (non-call 5 years).The hybrid capital securities may be issued in both floating and fixed formats.
Nordea has been appointed as global coordinator and joint bookrunner, and Danske Bank has been appointed as joint bookrunner, for the proposed hybrid bond issue.
The English text is a translation of the Swedish original. In case of discrepancies, the Swedish original shall prevail.
More information about Swedavia's financing is available on: www.swedavia.com/about-swedavia/financial-information
This is information that Swedavia AB (publ) is required to disclose under the EU Market Abuse Regulation and the Securities Market Act. The information was provided by the contact person below for publication on October 30, 2023, at 15:15 CEST.
For further information, please contact Robert Pletzin, Head of Media Relations at Swedavia, at tel. 010-109 01 00 or [email protected]
Swedavia is a group that owns, operates and develops 10 airports throughout Sweden. Our role is to create the connectivity that Sweden needs to facilitate travel, business and meetings. Satisfied and safe travelers are the foundation of Swedavia's business. Swedavia is a world leader in the development of airports with the least possible climate impact. Since 2020, Swedavia's own airport operations have been fossil-free at all ten airports. The group's turnover in 2022 was approximately SEK 4.8 billion and approximately 2,400 employees.
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20231030 Pressmeddelande hybrid engelska.pdf
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