28 August 2023, 14:21 CEST

Axactor Group

Press release

Axactor ASA – Notice of exercise of call option

We refer to the stock exchange notice published 25 August 2023 regarding the successful placement of a new senior unsecured bond issue. Axactor ASA has today notified Nordic Trustee AS that it will exercise the call option to redeem all outstanding bonds (EUR 200,000,000) under its senior unsecured bond issue (with ISIN NO0010914666) and each Bondholder is hereby given notice thereof. The bonds were issued 12 January 2021 with maturity 12 January 2024.

The exercise of the call option is conditional upon certain conditions as set out in the Call Option Notice being satisfied no later than 8 September 2023.

Subject to satisfaction of the aforementioned conditions, the entire bond issue will be repaid at a price equal to 101 per cent of the Nominal Amount, plus accrued and unpaid interest on the redeemed amount, with settlement date 12 September 2023.

Reference is made to the attached notice from Nordic Trustee AS for further information about the call option.

For additional information please contact:

Johnny Tsolis, CEO, Axactor
Tel: +47 913 35 461
E-mail: johnny.tsolis@axactor.com

Kyrre Svae, Chief of Strategy & IR, Axactor
Tel: +47 478 39 405
E-mail: kyrre.svae@axactor.com

Call Option Notice