Zengun Group AB (publ) has acquired its own bonds at a nominal amount corresponding to SEK 10 million

On 5 February 2024 Zengun Group AB (publ) (the “Company”) issued SEK 400 million senior secured sustainability-linked bonds within a total framework of SEK 600 million (the “Bonds”).

The Company has acquired Bonds with a total nominal value of SEK 10,000,000.  The price amounted to 103.50% of the Bond’s nominal value. The total purchase consideration for the bought-back bonds thereby amounted to SEK 10,350,000.

The objective of the buy-back was to reduce the Company’s gross debt and interest expenses and was made possible by the Company’s strong cash position. Following the buyback, Zengun’s holdings of the aforementioned Bonds totals a nominal amount of SEK 10,000,000.

Zengun will continue to evaluate the bond market and subject to the company’s liquidity needs, may occasionally buy back additional Bonds in the market.

For more information, please contact:
Mick Salonen, President and CEO, +46 (0) 70 569 66 73
Oskar Björklund, CFO, +46 (0) 79 072 84 57

The information was submitted for publication, through the agency of the contact persons set out above, on 27 May 2025 at 12:30 CEST.

Driving projects drives Zengun. We operate in the Stockholm region, in close collaboration with customers and always with the project and people in focus. We help property owners improve their property portfolios in each project by offering know-how and skills as a collaboration and sustainability partner throughout the entire lifespan of the project. We build commercial properties, with a mix of select public-sector properties and residential projects. We take the long term into consideration for our employees, customers and surroundings, and are constantly developing to make each project a reference project. In 2024, Zengun had sales of approximately SEK 2.6 billion and approximately 150 employees. #zengunbyggerstaden