GoCollective Holding A/S is pleased to announce that it will exercise its right to redeem in full all outstanding bonds under its up to EUR 60,000,000 Senior Secured Floating Rate Bonds due 12 April 2027 (ISIN: NO0013185835) (the “Bonds“), in accordance with Clause 9.3 (Voluntary total redemption (call option)) of the terms and conditions of the Bonds.
The redemption represents an important step in reducing the company’s financial indebtedness and strengthening its capital structure.
The redemption is in line with the company’s previously communicated intention to use part of the net proceeds from the sale of the trains under the agreement with the Ministry of Urban and Rural Affairs and Transport to redeem the Bonds. It demonstrates management’s continued execution of the company’s financial strategy.
The redemption date will be 12 October 2026 and the redemption amount for each Bond shall be the applicable call option amount (being 100.85 per cent. of the nominal amount), together with accrued but unpaid interest. The redemption amount will be paid to the bondholders holding Bonds on the relevant record date (being 8 October 2026).
In connection with the redemption of the Bonds in full, the Bonds will be delisted from the Nordic ABM and Open Market of the Frankfurt Stock Exchange.
For additional information, please contact:
Pia Hammershøy Splittorff
Corporate Affairs Director
pia.splittorff@gocollective.dk
GoCollective press phone: +45 71 99 57 50
