In accordance with Clause 9.3 (Voluntary total redemption (call option)) of the terms and conditions of the Bonds (the “Terms and Conditions”) Baseload has today formally exercised its option to, subject to the Financing Condition (as defined below), redeem in full all outstanding Bonds on 29 June 2022 (the “Redemption Date”). The Bonds will be redeemed at a redemption price of 100.00 per cent. of the nominal amount, together with accrued but unpaid interest to, and including, the Redemption Date (the “Redemption Price”).
The record date on which any holder must hold any Bond (a “Bondholder”) to be entitled to the Redemption Price is 21 June 2022 (the “Record Date”). In connection with the early redemption, the Bonds will be delisted from Nasdaq Stockholm.