The Early Redemption was conditional upon the successful issuance and settlement of new AT1 bonds (the "New Bonds"). The issuance and settlement of the New Bonds have now occurred and the conditions for the Early Redemption have therefore been fulfilled. The Early Redemption is therefore no longer conditional and will consequently occur on 18 July 2024. The redemption price together with accrued but unpaid interest up to (and including) 18 July 2024 will be paid to each investor who is registered as owner of Bonds in the debt register maintained by Euroclear Sweden AB on 11 July 2024.
More information regarding the Early Redemption can be found in the Company's press release published on 13 June 2024.
About Avida
Avida is a credit market company that since the start in 1983 has focused on offering loans to individuals and corporates. We are currently about 150 employees, with headquarters in Stockholm and offices in Oslo and Helsinki. At Avida we are not like everybody else in this business, we will always go that extra mile to help our customers turn their plans into reality and we promise that we always give our customer the proper attention and the chance to get the financing they need.
Avida is under the supervision of the Swedish Financial Supervisory Authority and like all Swedish banks and credit market companies, we are covered by the state deposit insurance.
Avida Finans publ AB