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SSCP Lager BidCo AB Exercises Conditional Redemption of Floating Rate Notes

1 report, 1 independent Updated Oct 6
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

SSCP Lager BidCo AB announced it is exercising its right to make a conditional voluntary total redemption of its senior secured floating rate notes 2023/2026. The redemption is set for October 30, 2026, at a price of 100.78125% of the nominal amount per note, plus any accrued and unpaid interest. The notes will be delisted from Nasdaq Stockholm’s corporate bond list following the redemption.

From manilatimes.net

Why it matters

Some supportBrind's analysis of the reports

The redemption is conditional upon SSCP Lager BidCo AB successfully executing a facilities agreement with certain lenders and confirming that the conditions for using those facilities will be met by the redemption date. The action directly affects the debt structure of SSCP Lager BidCo AB and the market for the specific notes.

From manilatimes.net

Who's involved

  • Apple Inc.The reports do not detail any involvement of Apple Inc.

Coverage

Newest first; wire copies grouped