K2A Knaust & Andersson Fastigheter AB (publ) (the "Company" or "K2A") refers to the press release published by the Company on 20 May 2024, according to which K2A has initiated written procedures under its outstanding medium term notes with note series number 101 (ISIN: SE0013360278), 102 (ISIN: SE0013104791) and 103 (ISIN: SE0013360690) (the "Notes") issued under the Company's MTN Programme (the "Written Procedures").
As further described in the notices of the Written Procedures dated 20 May 2024 (the "Notices), the Written Procedures were initiated in order to receive the noteholders' consent to, inter alia, an extension of the Notes' respective original maturity dates with 1.25 years as well as certain other amendments as set out in full in the Notices (the "Proposals").
K2A today announces that the requisite quorum was reached and that a requisite majority of the voting noteholders voted in favour of the Proposals under the Written Procedures. The noteholders under the Notes have therefore approved the Proposals and accordingly, Nordic Trustee & Agency AB (publ) has today concluded the Written Procedures.
The amendments to the respective terms and conditions of the Notes will become effective upon fulfilment of the conditions precedent set out in the Notices and the amended terms and conditions will be made available on the Company's website (https://investerare.k2a.se/en/mtn-programme) (the "Effective Date").
Subject to the occurrence of the Effective Date, payment of the consent fee and the early bird fee will be made to eligible noteholders in accordance with the Notices. The fee payments will be made within 15 business days after the Effective Date and details relating to the payments will be announced in a separate press release following the occurrence of the Effective Date.
For any practical questions in relation to the Written Procedures, please contact either of the solicitation agents, being Nordea Bank Abp and Swedbank AB (publ).