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2016-04-08

Pareto Securities AB: Pareto advises Telefonplan Stockholm Property AB (publ) on their amendment of terms and successful subsequent bond issue of SEK 50 million

Pareto Securities AB has advised Telefonplan Stockholm Property AB (publ)
(“Telefonplan
”), the owner of the two properties Timotejen 19 and Timotejen 28 at
Telefonplan in Stockholm, on their successful completion of an amendment of
terms and a subsequent issue of bonds under the existing bond loan.

Through the amendments, Telefonplan has prolonged the existing bond loan with
12 months following a longer than expected zoning plan process to re-regulate
its properties into mainly residential use. Further, the amendments allows
for Telefonplan to issue subsequent bonds of up to SEK 50 million to fund
interest payments under the bond loan and the bank loan for the extended
tenor of the bonds. The subsequent bond issue was initiated and successfully
completed on 7 April after the book had been significantly oversubscribed.
The issue was priced at 100.75% and was placed among existing bondholders.

The bonds, maturing in May 2017 as amended, bears a fixed coupon of 10.00%
(paid quarterly) and are listed on Nasdaq First North.

“With the extended maturity of the bonds and additional funds in place,
Telefonplan Stockholm Property will direct all focus on the current zoning
plan process
” says Curt Ahnström, CEO of Telefonplan Stockholm Property.

For more information please contact Mats Carlsson, CEO, at +46 8 402 52 86

Pareto Securities AB is part of the Pareto Securities group. Pareto Securities
is an independent investment bank focused on the Nordic market. Pareto
Securities offers Nordic and non-Nordic institutions, companies and private
individuals investment services related to trading in stocks, derivatives and
fixed income instruments, equity research and advisory services within
corporate finance. The Pareto Securities group has a total of more than 400
employees, with its headquarters in Oslo and offices in Sweden (Stockholm and
Malmö), Norway, Denmark, Finland, United Kingdom, France, USA, Canada,
Singapore and Australia.

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