Holmström Fastigheter Holding AB (publ) – Initiates a written procedure

Holmström Fastigheter Holding AB (publ) (the "Company") has instructed the agent for the Company's up to SEK 750,000,000 senior unsecured bonds with ISIN SE0015797667 (the "Bonds") to initiate a written procedure to request the bondholders to vote in favour of amending the terms and conditions of the Bonds (the "Written Procedure").

Due to unexpected market challenges observed during the last 12-18 months, primarily pertaining to interest rate hikes and considerable headwinds for real estate transactions, the Issuer currently deems that it may be difficult to manage deleveraging the Group and redeem the Bonds in full by the time of maturity in October 2024 solely with internally generated cash flows. To provide sufficient time for the Issuer to stabilise the financing and manage current challenges, the Issuer is seeking certain amendments to the terms and conditions, including, but not limited to extending the final maturity date of the Bonds by two years to 14 October 2026 from 14 October 2024 (the "Proposal"). The full details of the Proposal are included in the notice to the Written Procedure.

The Company has received undertakings to vote in favour of the request in the written procedure by holders representing approximately 63 per cent of the adjusted nominal amount under the Bonds.

The agent will deliver the notice to the Written Procedure to all bondholders on 28 June 2024. The written procedure will commence on 3 July 2024 and end on 17 July 2024. To be eligible to participate in the written procedure a person must fulfil the formal criteria for being a bondholder on 3 July 2024. This means that the person must be registered on a securities account with Euroclear Sweden AB as a direct registered owner (Sw. direktregistrerad ägare) or authorised nominee (Sw. förvaltare) with respect to one or several Bonds.

Pareto Securities AB and Nordea Bank Abp have been retained as financial advisors in connection with the written procedure. Roschier Advokatbyrå AB has been retained as legal advisor.

The notice to the written procedure is available on the Company's website ( and on Stamdata (