MEKO exercises its option to redeem outstanding bonds
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MEKO exercises its option for an unconditional voluntary full redemption of outstanding bonds 2021/2026. The outstanding amount is SEK 1.25 billion.
MEKO has previously issued senior unsecured floating rate bonds, ISIN SE0015660022, with a maturity date of March 18, 2026. The company has today exercised its option to redeem all outstanding bonds in accordance with section 9.3 of the terms and conditions of the bonds.
The bonds will be redeemed at an amount equal to 100 percent of the nominal amount per bond, plus accrued and unpaid interest up to and including the redemption date.
The redemption amount, together with accrued and unpaid interest, will be paid to the person who at the close of business on the record date of 11 September 2025 is registered as holder of bonds in the debt register maintained by Euroclear Sweden. The redemption date will fall on 18 September 2025.
In connection with the redemption, the bonds will be delisted from Nasdaq Stockholm’s corporate bond list.