Nyfosa contemplates to issue new senior unsecured green bond

NOT FOR DISTRIBUTION IN OR TO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR TO ANY U.S. PERSON (AS DEFINED IN REGULATIONS OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) OR IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO PUBLISH OR DISTRIBUTE THIS PRESS RELEASE

Nyfosa AB ("Nyfosa" or the "Company") has mandated Danske Bank A/S, Danmark, Sverige filial ("Danske Bank") and Swedbank AB (publ) ("Swedbank") to act as arrangers and joint bookrunners to evaluate the conditions for issuing senior unsecured green bonds with a floating rate in an expected amount of MSEK 300 and with a maturity of approximately 3.25 years (the "New Green Bonds"). Subject to market conditions, a capital markets transaction may follow.

In conjunction with the contemplated issue of the New Green Bonds, Nyfosa will offer holders of the bonds with ISIN SE0017562630 and maturity in January 2025 (the "Bonds") to participate in a tender offer for cash where Nyfosa repurchases the Bonds at a price of 100.00 percent of the nominal amount plus accrued but unpaid interest (the "Tender Offer").

The Tender Offer expires at 12:00 CEST on September 19, 2024 unless extended, re-opened, withdrawn or terminated at the sole discretion of the Company. Settlement of the Tender Offer is expected to occur on or about September 26, 2024 and is expected to, as far as possible, coincide with the settlement of the New Green Bonds. The Tender Offer is conditional upon a successful issue of the New Green Bonds and the conditions described in the Tender Information Document (as defined below). The Company will consider, among other things, whether the investor seeking allotment of the New Green Bonds has validly participated in the Tender Offer.

Furthermore, Nyfosa announces that the Company contemplates to exercise the option for early redemption of Bonds that are not repurchased under the Tender Offer, in accordance with the terms and conditions of the Bonds, conditional upon the issuance of the New Green Bonds, and the completion of the Tender Offer. If redemption occurs, the Bonds will be redeemed in full at a price corresponding to 100.00 percent of the nominal amount plus accrued and unpaid interest from, but excluding, the previous interest payment date up to and including the redemption date.

Further information regarding the Tender Offer is available in a document dated September 16, 2024 ("Tender Information Document") which is available on Nyfosa's webpage, www.nyfosa.se/en.

Danske Bank and Swedbank have been mandated to act as arrangers and joint bookrunners in connection with an issue of New Green Bonds and as dealer managers in connection with the Tender Offer. Advokatfirman Cederquist KB is acting as legal counsel to the Company in connection with the New Green Bonds and the Tender Offer.

Dealer Managers:
Danske Bank: liabilitymanagement@danskebank.dk

Swedbank: +46 (0)8 700 90 22, liabilitymanagement@swedbank.se

About Nyfosa

Nyfosa is a transaction-intensive real estate company that creates value by building sustainable cash flows and constantly evaluating new business opportunities. With our opportunistic strategy, we invest in properties in different geographies and categories. We are currently active on the Swedish, Finnish and Norwegian markets with a focus on commercial properties in high-growth regions. We manage and develop our properties in close collaboration with tenants and the surrounding community, with the perspective that sustainability and profitability go hand in hand. As of June 30, 2024, Nyfosa’s property value amounted to SEK 39.0 billion. Nyfosa's share has been listed on Nasdaq Stockholm Large Cap since 2018. Read more at www.nyfosa.se.

Nyfosa contemplates to issue new senior unsecured green bonds and announces tender offer regarding the company's outstanding bonds with ISIN SE0017562630