Castellum AB's subsidiary Kungsleden AB has today published a notice of noteholders meeting under its MTN-programme to request consent for Castellum AB to replace Kungsleden as issuer
Kungsleden AB (publ) ("Kungsleden") has today announced that it has published a notice of noteholders meeting (the "Notice") under its outstanding medium term notes maturing in January 2026 (ISIN: SE0012194009), June 2025 (ISIN: SE0012676856), August 2025 (ISIN: SE0013359791), September 2026 (ISIN: SE0013882602), January 2027 (ISIN: SE0013104304) and March 2028 (ISIN: SE0013882941) (each a "Loan" and together, the "Loans") issued under Kungsleden's MTN Programme in order to request consent for Castellum AB (publ) (co. reg. no 556475-5550) ("Castellum") to replace Kungsleden as issuer.
Kungsleden has instructed Nordic Trustee & Agency AB (publ) as agent (the "Agent") under the terms and conditions of the Loans to dispatch a notice in order to convene a noteholders' meeting for the purpose of requesting the noteholders under the Loans for approval of amending the terms and conditions and final terms of each Loan so that Castellum replaces Kungsleden as debtor under the Loans (the "Amendment").
In 2022, following compulsory redemption following Castellum's public offer for the shares in Kungsleden, Castellum became the owner of 100 per cent. of the shares in Kungsleden. Since then, all new bond funding has been raised via Castellum. As a next step to streamline Kungsleden's debt structure and reduce administrative and reporting burdens, Kungsleden is requesting noteholders to approve a transfer of all bond debt from Kungsleden to Castellum. If the noteholders approve the request under each Loan pursuant to the notice, all rights and obligations of the issuer under each Loan will be transferred to Castellum and the Kungsleden's rights and obligations under each Loan will cease.
Further information regarding the requested Amendment and the noteholders meeting may be found in the Notice available on the website of Kungsleden (https://www.castellum.com/investors/kungsleden-archive/kungsleden-capital-markets-products/) and on Stamdata (www.stamdata.com).
For further information, please contact:
Castellum AB (publ)
Joacim Sjöberg, CEO
Telephone: +46 8-503 052 00
Jens Andersson, CFO
Telephone: +46 (0)76-855 67 02