Stendörren Fastigheter AB (publ) contemplates issuance of subordinated perpetual green capital securities and announces a tender offer of the outstanding perpetual capital securities. Stendörren Fastigheter AB (publ) has mandated Skandinaviska Enskilda Banken AB (publ) and Swedbank AB (publ) as arrangers and joint bookrunners to arrange a series of fixed income investor meetings starting on 14 May 2024, to explore the possibility of issuing subordinated perpetual green floating rate capital securities with first call date three years after the initial pricing date under a framework of up to SEK 400 million (the ?New Capital Securities?). Subject to prevailing market conditions, a capital markets transaction may follow.

In conjunction with the contemplated issue of the New Capital Securities, Stendörren has announced an invitation to holders of its SEK 800 million subordinated perpetual capital securities with ISIN SE0013042413, to tender any and all of their Existing Capital Securities for purchase by the Company for cash at a price of 101.00% together with any Deferred Interest (if any) and any other accrued and unpaid interest up to (and including) the Redemption Date (each as defined in the applicable terms and conditions). The Existing Capital Securities will be repurchased subject to the terms described in the tender information document dated 8 May 2024 which is available on the Company's webpage via the link below. The Tender Offer expires at 15:00 CEST on 16 May 2024, unless extended, re-opened, withdrawn or terminated at the sole discretion of the Company.

Settlement of the Tender Offer is expected to occur on or around 23 May 2024. Stendörren's repurchase of any Existing Capital Securities is conditional upon a successful issue of the New Capital Securities and subject to the terms in the Tender Information Document. Stendörren will, in connection with the allocation of the New Capital Securities, consider, among other factors, whether or not the relevant investor seeking an allocation of the New Capital Securities has, prior to such allocation, validly tendered the Existing Capital Securities pursuant to the Tender Offer, subject to the terms in the Tender Information Document.

Skandinaviska Enskilda Banken AB (publ) and Swedbank AB (publ) have been mandated to act as arrangers and joint bookrunners in connection with an issue of the New Capital Securities and dealer managers in connection with the Tender Offer. Vinge acts as legal counsel to the Company in connection with the New Capital Securities and the Tender Offer.