Reference is made to Solör Bioenergi Holding AB’s (the “Company”) stock exchange announcements
regarding the offer to purchase Nordic Bioenergy Infrastructure AS (the “Acquisition”). As mentioned
in the stock exchange announcement dated 23 March 2017, the Acquisition is contingent upon
several conditions, including financing.
“Solör Bioenergi Holding AB has today signed an agreement for a senior secured bank financing with
a bank syndicate comprising European and Nordic banks as well as an agreement for junior financing
with an international finance institution. The Company is now well positioned to pursue its growth
strategy.” says Martinus Brandal, chairman and CEO.
The senior secured bank financing will be secured by the assets in the Company’s Swedish district
heating business. As a consequence of the new financing, the Company waives its financing condition
for the Acquisition.
The new financing provides the Company with sufficient financing to exercise the right of early
redemption of its NOK 650 million senior secured bond issue 2012/2017 with ISIN NO 001 0662356
(the “NOK Bond”) and its SEK 950 million senior secured bond issue 2014/2019 with ISIN SE 000
5999687 (the “SEK Bond”), as resolved by a bondholders’ meeting for the NOK Bond held 30 March
2017 and through a written procedure for the SEK Bond that ended 4 April 2017. The Company will
exercise the right of early redemption of both the NOK Bond and the SEK Bond today, and
redemption is expected to take place on 26 April 2017.
About Solør Bioenergy Group
Solør Bioenergy Group comprises bioenergy companies which are providing essential energy services
in Sweden, Norway and Poland. The Group produces wood-based bioenergy for the public and
private sector including private households, municipalities, industrial customers and local/regional
governments. As a leading bioenergy company, the Group is operating in the entire value chain from
procurement, production and distribution to sale of energy in form of district heating, industrial
steam, electricity and various biomass products.
Daniel Jilkén, CLO
Phone +41 76 761 27 90, email firstname.lastname@example.org