Rederiaktiebolaget Eckerö announces results of tender offer for its outstanding EUR bonds

19 Jun 2023 14:32 CEST

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Rederiaktiebolaget Eckerö (the “Issuer”) announces the results of its invitation
to holders of its outstanding EUR 62,000,000 FRN due October 2026, with EUR
52,000,000 outstanding (ISIN NO0011130148) (the “Bonds”), to tender their Bonds
for purchase by the Issuer for cash at a purchase price of 105.500% of the
nominal amount, plus any accrued and unpaid interest (the “Tender Offer”),
subject to the terms and conditions described in a tender information document
dated 12 June 2023 (the “Tender Information Document”).

At the time of expiration of the Tender Offer at 12:00 CEST on 19 June 2023, the
Issuer had received valid tenders of EUR 24,661,000 in aggregate nominal amount
pursuant to the Tender Offer. The issuer has determined that all valid tenders
of Bonds shall be accepted.

The settlement date for the Tender Offer will occur on 22 June 2023. Settlement
of the transactions pursuant to the Tender Offer will occur as a secondary trade
via Nordea Bank Abp. All tendering holders should coordinate the trade bookings
with their local sales representative immediately. Bonds tendered and accepted
by the Issuer for purchase pursuant to the Tender Offer will be cancelled in
accordance with the terms and conditions of the Bonds.

Dealer Manager:
Nordea Bank Abp: +45 6136 0379 / nordealiabilitymanagement@nordea.com


Contact:
Annica Sviberg
CFO, Rederi Ab Eckerö
Tel: +358 (0)18-28030
Mail: Annica.Sviberg@rederiabeckero.ax



This information is considered to be inside information pursuant to the EU
Market Abuse Regulation (MAR) and is subject to the disclosure requirements
pursuant to MAR article 17 and section 5-12 of the Norwegian Securities Trading
Act.

This stock exchange announcement was submitted for publication, through the
agency of the contact person set out above at 14:30 CEST on 19 June.

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