Bli medlem
Bli medlem

Du är här

2016-11-01

Com Hem: COM HEM ANNOUNCES THE CONDITIONAL REDEMPTION OF THE 2014 SENIOR NOTES

PRESS RELEASE, NOVEMBER 1, 2016

Com Hem Holding AB (publ) today announces that its subsidiary NorCell
Sweden Holding 3 AB (publ) (the "Issuer") has issued a notice of
conditional redemption for all of its Senior Notes (the "Redemption")
in the amount of SEK 2,500 million due 2019 (the "2014 Senior
Notes").

The Redemption is subject to the completion of one or more financing
transactions on terms acceptable to the Issuer in its sole discretion
and that result in aggregate proceeds sufficient to redeem the 2014
Senior Notes in full.

Com Hem will explore various sources of financing for the redemption
of the 2014 Senior Notes, including the possibility to issue new
notes, take up new credit facilities, draw funds under existing
credit facilities, or a combination of the three.

For queries, please contact:

Investors
Marcus Lindberg, Investor Relations Manager
Tel: +46(0)734 39 25 40
marcus.lindberg@comhem.com

Media
Max Hellström, Head of PR
Tel: +46(0)734 39 26 03
press@comhem.com
(http://file:///C:\Users\chka01\AppData\Local\Microsoft\Windows\Temporary%20Internet%20Files\Content.Outlook\5EU70W97\press@comhem.com)

Disclaimer
The securities referred to in this announcement have not been and will
not be registered under the U.S. Securities Act of 1933, as amended
(the "Securities Act").

Forward looking statements
Certain statements contained in this announcement are, or may be
deemed to be, "forward-looking statements". These forward-looking
statements can be identified by the use of forward-looking
terminology, including the terms "believes", "estimates", "plans",
"expects", "intends" or "may" or, in each case, their negative or
other variations or comparable terminology, or by discussions of
strategy, plans, objectives, goals, future events, expectations or
intentions. These forward-looking statements include all matters that
are not historical facts. They include, but are not limited to,
statements regarding the company's intentions, beliefs or current
expectations concerning, among other things, the company's results of
operations, financial position, prospects, costs and other
developments. By their nature, forward-looking statements involve
risk and uncertainty because they relate to future events and
circumstances. Forward-looking statements are not guarantees of
future performance and the company's actual results and developments
may differ materially from those described in, or suggested by, the
forward-looking statements contained in this announcement. In
addition, even if the company's results and developments are
consistent with the forward-looking statements contained in this
announcement, those results or developments may not be indicative of
results or developments in subsequent periods. A number of factors
could cause results and developments to differ materially from those
expressed or implied by the forward-looking statements including,
without limitation, future market, economic and business conditions
and trends, interest rates and the behaviour of other market
participants. As a result, investors are cautioned not to place undue
reliance on such forward-looking statements.

Forward-looking statements may, and often do, differ materially from
actual results. Any forward-looking statements in this announcement
speak only as of the date of this announcement and reflect the
company's current view with respect to future events. The company
explicitly disclaims any obligation or undertaking publicly to
release the result of any revisions to any forward-looking statements
in this announcement that may occur due to any change in the
company's expectations or to reflect events or circumstances after
the date of this announcement, except where it would be required to
do so under applicable law.

About Com Hem
Com Hem offers broadband, TV, play and telephony services to Swedish
households and companies. Approximately 40 percent of the country's
households are connected to Com Hem's network, making Com Hem an
important driver of digital Sweden. We offer broadband speeds of up
to 1 Gbit/s and a wide range of channels via digital TV at home or
mobile via Com Hem Play. The company was founded in 1983 and has
approximately 1,200 employees including about 700 within customer
service. Com Hem is headquartered in Stockholm and operates through
three subsidiaries; Com Hem AB, Phonera Företag AB and iTUX
Communication AB. In September, 2016, Com Hem acquired Boxer
TV-access AB. In 2015, Group sales totalled SEK 5,000 million. Since
2014 the Com Hem share is listed on Nasdaq Stockholm.
www.comhemgroup.com (http://www.comhemgroup.com).

This information is information that Com Hem Holding AB (publ) is
obliged to make public pursuant to the EU Market Abuse Regulation.
The information was submitted for publication, through the agency of
the contact person set out above, at 15.15 CET on November 1, 2016.

-----------------------------------------------------------
http://news.cision.com/com-hem/r/com-hem-announces-the-conditional-redem...
http://mb.cision.com/Main/572/2113640/583672.pdf

Författare WKR

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.