Issuer
Zengun Group AB (publ), Reg. No.: 559177-5282, (“Zengun”).
The Bonds
Zengun’s up to MSEK 1 000 senior secured bonds with ISIN: SE0014991220 (the ”Bonds”).
Transferability
The Bonds are freely transferable, but bondholders may be subject to purchase or transfer restrictions with regard to the Bonds, as applicable from time to time, under local laws to which a bondholder may be subject. Each Bondholder must ensure compliance with such restrictions at its own cost and expense.
Amount issued
The aggregate nominal amount of Bonds issued in the initial bond issue is MSEK 600, and the maximum total nominal amount of the Bonds (the initial bonds and all subsequent bonds) is MSEK 1,000.
First Issue Date
19 October 2020.
Nominal Amount and Denomination
The Bonds are denominated in SEK. The initial nominal amount of each initial Bond is MSEK 1.25. The maximum aggregate nominal amount of the initial bonds as at the first issue date is SEK 600,000,000, and the maximum total nominal amount of the Bonds (the initial bonds and all subsequent bonds) may not exceed MSEK 1,000.
Interest
The Bonds carry a floating interest of STIBOR 3 months plus 7.00 per cent. per annum.
Final Maturity Date
19 October 2024 (four (4) years after the first issue date (19 October 2020)).
Early redemption (Zengun’s call option)
Redemption may occur in accordance with clauses 9.3-9.4 in the full Terms and Conditions of the Bonds.
Events of Default and acceleration
The Bonds may be accelerated upon the occurrence of any event listed in clause 14 in the Terms and Conditions of the Bonds.
Credit rating
No credit rating has been assigned to Zengun or the Bonds.
Central Securities Depository
No physical notes will be issued. The Bonds will be registered with Euroclear Sweden AB in accordance with the Financial Instruments Accounts Act (Swe. Lag (1998:1479) om värdepapperscentraler och kontoföring av finansiella instrument). The Bonds will thus be registered for the bondholders on their respective securities accounts and no physical notes will be issued. Registration requests relating to the Bonds shall be directed to an account operator.