Georg Jensen A/S has successfully issued a EUR 40m 2.25-year senior secured bond

Georg Jensen A/S ("Georg Jensen" or the "Company") has successfully issued senior secured bonds in the amount of EUR 40m with a final maturity date of 14 May 2025 (ISIN: SE0019761560) (the "New Bonds"). The interest rate for the New Bonds was set at EURIBOR 3M + 7.00 per cent. The net proceeds from the bond issue shall be used to refinance the Company's outstanding EUR 40m senior secured bonds (ISIN: SE0011167204) and to finance transaction costs.

Settlement of the New Bonds will take place on 14 February 2023 and the Company intends to apply for listing of the New Bonds on Nasdaq Stockholm.

Georg Jensen has continued its successful journey since its inaugural bond issue in 2018 which resulted in the strong outcome and continued support from its global credit investors.

DNB Markets, a part of DNB Bank ASA, acted as Sole Bookrunner for the transaction.

This information is such information that Georg Jensen A/S is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 16:00 CET on 2 February 2023.

For further information, please contact:

Marcus Henriksen, CFO

[email protected]

The following documents can be retrieved from beQuoted
Georg-Jensen-Press-release-2nd-Feb-2023.pdf

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