As resolved in the written procedure for which notice was distributed on 26 February 2021 RNB Retail and Brands AB (publ) (the "Issuer") has today issued SEK 85,000,000 subordinated perpetual floating rate callable capital notes ("Perpetual Capital Notes").
The Perpetual Capital Notes were issued to the noteholders of the Issuer's senior secured floating rate notes with ISIN SE0010625830 (the "Senior Notes") by way of set-off against amounts owing to the noteholders under the Senior Notes.
Following the issuance of the Perpetual Capital Notes the outstanding nominal amount of the Senior Notes is in aggregate SEK 340,000,000.
The Issuance was carried out as a step in improving the Issuer's balance sheet. For more information about the Perpetual Capital Notes, see the terms and conditions published on the Issuer's website.