Convertible bond 2010-2015
March 19, 2010 08:00
The senior unsecured Bonds has an annual coupon of 7.5% payable quarterly in arrear and will be convertible at a conversion price of SEK 3.5913 equal to a conversion premium of 30% of the volume weighted average price of the Company’s shares on NASDAQ OMX Stockholm between launch and pricing on 19 March 2010. The Reference Price of the Company’s shares was set at SEK 2.7625. The Bonds will be issued at 100% of their principal amount and will, unless previously redeemed, converted or purchased and cancelled, mature in 2015.
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