ZetaDisplay Sets Expiration for Bond Tender Offer Announcement

Author: Evelyn Baker Updated: 03-21-2025 04:45 AM

ZetaDisplay Announces Tender Offer Expiration Date

ZetaDisplay announces expiration date for tender offer

On March 14, ZetaDisplay AB (publ) revealed a significant update regarding its financial strategy. The Company is moving forward with plans for the issuance of new SEK denominated senior secured bonds, termed the "New Bonds." As part of this initiative, they are extending an offer to holders of their existing senior secured bonds, known by ISIN SE0018742488, to tender these bonds for cash purchase.

Details of the Tender Offer

Holders of the existing bonds are given the opportunity to submit their bonds for purchase at a price of 102.325% plus any accrued but unpaid interest. This tender offer is detailed in the Tender Information Document released on the same day.

Expiration and Settlement Timeline

The timeline for the offer is quite clear. The Tender Offer is set to expire on March 21, coinciding with the conclusion of the book-building process for the New Bonds. Following this, the settlement for the tender transactions is anticipated to occur on April 4. However, it’s crucial to note that this tender offer is contingent upon the successful issuance of the New Bonds and adherence to the conditions laid out in the Tender Information Document.

Role of Dealer Managers

ZetaDisplay has appointed reputable institution to facilitate this process effectively. The dealer managers for this tender offer include:

Nordea: For any inquiries or support, interested parties can reach out to their dedicated email at NordeaLiabilityManagement@nordea.com.

Pareto Securities: For assistance, they can be contacted via email at PSBondIssue.se@paretosec.com.

Company Contact Information

For additional inquiries or detailed information on this tender offer and the new bonds, ZetaDisplay encourages communication with their leadership team:

Anders Olin, President & CEO
Mobile: +46 076-101 14 88
Email: anders.olin@zetadisplay.com

Claes Pedersen, CFO
Mobile: +45 23-68 86 58
Email: claes.pedersen@zetadisplay.com

Frequently Asked Questions

What is the purpose of the tender offer by ZetaDisplay?

The tender offer is designed to facilitate the repurchase of existing senior secured bonds in connection with the issuance of new bonds.

When does the tender offer expire?

The tender offer is set to expire on March 21, coinciding with the closing of the book building process for the new bonds.

How much will bondholders receive when they tender their bonds?

Bondholders who participate in the tender offer will receive a price of 102.325% of the bond's face value, plus any accrued interest.

Who are the dealer managers for this tender offer?

The dealer managers appointed for this tender offer are Nordea and Pareto Securities.

Who can I contact for more information regarding the tender offer?

For more details, you can contact Anders Olin or Claes Pedersen via the provided contact information.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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