Bilia AB (publ) announces tender offer regarding certain outstanding senior unsecured notes and considers issuance of new senior unsecured notes

NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT.

Bilia AB (publ) (the “Issuer”) is offering holders of the Issuer’s outstanding notes outlined below (the “Notes”) to tender their Notes for purchase by the Issuer for cash (the “Tender Offer”) at the price set out below, subject to, amongst other things, the outcome of the issue of the New Notes (as defined below). Notes will be repurchased subject to the terms and conditions described in a tender information document dated 27 September 2018.

Description of the Notes / ISIN / Outstanding Amount / Minimum Denomination / Purchase Price

2016/2021 senior unsecured floating rate notes / ISIN SE0008186886/

SEK 1,000,000,000 / SEK 1,000,000/ 104.00%

The full terms and conditions of the Tender Offer can be found in the tender information document, which is available in the attached pdf file below.

In connection with the Tender Offer, the Issuer announces that it will issue new SEK denominated senior unsecured notes with an expected tenor of 5 years (the “New Notes”), subject to market conditions.

The Tender Offer expires at 12:00 CET on 4 October 2018, unless extended, re-opened, withdrawn or terminated at the sole discretion of the Issuer. Settlement of the Tender Offer is expected to occur at or around 11 October 2018 and no later than 16 October 2018. The Issuer’s repurchase of Notes is conditional upon a successful issue of New Notes.

The Issuer has mandated DNB Markets a part of DNB Bank ASA, Sweden Branch and Nordea Bank AB (publ)  to act as dealer managers and joint bookrunners in connection with the Tender Offer.

Dealer Managers and Joint Bookrunners:



DNB Markets a part of DNB Bank ASA, Sweden Branch: ,

Nordea Bank AB (publ): ,

For further information, please contact the Issuer at:



Kristina Franzén, CFO, +46 (0)10-497 73 40,

Gothenburg, 27 September 2018

Bilia AB (publ)

This is information that Bilia AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Swedish securities act (2007:528). The information was submitted for publication, through the agency of the contact persons set out above, on 27 September 2018, at 08:30 a.m. CET.

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Bilia offers car sales, service and supplementary services and is one of Europe’s largest car

chains with operations in Sweden, Norway, Germany, Luxembourg and Belgium. Bilia reported a turnover of SEK 27.5 bn in 2017 and had 4,708 employees.

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