Hedin Mobility Group announces partial redemption of its senior unsecured bonds
Hedin Mobility Group AB (publ) (the “Company”) announces that it will effect a partial redemption of its outstanding senior unsecured bonds with ISIN SE0018742033 (the “Bonds”) in accordance with the terms and conditions for the Bonds (the “Terms and Conditions”).
As announced by the Company on 23 June 2026, the Company entered into an agreement to divest its entire shareholding in the jointly owned company Hedin Caetano AB to Salvador Caetano Group. In connection with the transaction, RN Automotive AB will also acquire the Renault and Dacia retail operations at three Hedin Automotive dealerships.
Today, the transactions were completed. The Relevant Disposal Proceeds (as defined in the Terms and Conditions) of the divestments are SEK 16,049,000 in aggregate, of which SEK 4,012,000 will be applied towards the partial redemption of the Bonds. The Company will carry out the partial redemption on 24 July 2026 (the “Redemption Date”). The redemption will be made pro rata among all outstanding Bonds and the redemption amount per Bond will be SEK 5,015 plus a premium equal to 4.00 per cent of the repaid Nominal Amount and accrued but unpaid interest on the repaid Nominal Amount.
The redemption will be made to Bondholders registered as holders of the Bonds on the record date for the Redemption Date, being 17 July 2026, in accordance with the standard procedures of Euroclear Sweden AB.