Release details

2017-06-19 13:30 CEST
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Kojamo plc: Kojamo closes EUR 500 million bond issue

KOJAMO PLC
STOCK EXCHANGE RELEASE
19th June 2017 at 2.30 pm EET
Other information disclosed according to the rules of the Exchange

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE OR SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

Kojamo closes EUR 500 million bond issue

Kojamo plc has today issued a EUR 500 million senior unsecured bond (the "Bond"). The maturity of the euro-denominated unsecured Bond is 7 years, and the Bond matures on 19 June 2024. The Bond carries a fixed annual coupon interest at the rate of 1.500 per cent, payable annually on 19 June.

The Irish Stock Exchange has on June 15 approved the listing prospectus of the Bond, which is available in English on the company's website at www.kojamo.fi/en/finances/investors. The Bond has been admitted to the official list of the Irish Stock Exchange and to trade on its regulated market.

The company intends to use the proceeds of the issued Bond to repay and/or to refinance existing secured  loans and for the company's general corporate purposes.

Deutsche Bank, Nordea and OP Corporate bank acted as Joint Global Coordinators and Joint Bookrunners, and Danske Bank and Handelsbanken Capital Markets as Joint Bookrunners.

Further information:

Jani Nieminen, CEO, tel. +358 20 508 3201
Erik Hjelt, CFO, tel. +358 20 508 3225

Kojamo plc focuses on real estate investments in Finland, renewing rental housing in order to make it increasingly attractive. The company develops Lumo homes and services that promote work-related mobility in the urbanising Finland, increase well-being and protect the environment. Over the past five years, the Group has invested nearly EUR 1.5 billion in commercial rental housing.

Disclaimer

This release is for information purposes only and is not to be construed as an offer to purchase or sell or a solicitation of an offer to purchase or sell with respect to any securities of Kojamo plc ("Kojamo"). The distribution of this release and the related material concerning the issuance of EUR 500 million notes (the "Notes") may, in certain jurisdictions, be restricted by law. No actions have been taken to register or qualify the Notes, or otherwise to permit a public offering of the Notes, in any jurisdiction. Any offering material or documentation related to the Notes may be received only in compliance with applicable exemptions or restrictions. Persons into whose possession this release or any such offering material or documentation may come are required to inform themselves of and observe all such restrictions. This release and any such offering material or documentation may not be distributed or published in any country or jurisdiction if to do so would constitute a violation of the relevant laws of such jurisdiction or would require actions under the laws of a state or jurisdiction. In particular this release and any such offering material or documentation may not distributed in the United States, Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa or any other jurisdiction in which it would not be permissible to offer the Notes and this release and any related material concerning the issuance of the Notes may not be sent to any person in the beforementioned jurisdictions. The information contained herein shall not constitute an offer to sell or buy, or a solicitation of an offer to buy or sell any of Kojamo's securities including the Notes to any person in any jurisdiction in which such offer, solicitation or sale would be unlawful. Neither Kojamo, the joint bookrunners nor the coordinators, or their representatives accept any legal responsibility for any violation by any person, whether or not the persons contemplating investing in or divesting Kojamo's securities including the Notes are aware of such restrictions. The Notes have not been and will not be registered under the U.S. Securities Act, or under the securities laws of any state or other jurisdiction of the United States. The Notes may not be offered, sold, pledged or otherwise transferred directly or indirectly within the United States or to, or for the account or benefit of, U.S. Persons.

Kojamo has not authorized the offering of the Notes to the public in any member state of the European Economic Area (the "EEA"). All offers of the Notes in the EEA will be made pursuant to an exemption under the Prospectus Directive (Directive 2003/71/EC as amended), as implemented in the member states of the EEA (each, a "Relevant Member State"), from the requirement to produce a prospectus under the Prospectus Directive for offers of securities. An offer to the public of the Notes may not be made in that Relevant Member State, except that an offer of the Notes to the public in that Relevant Member State may be made under the following exemptions from the Prospectus Directive, if they have been implemented in that Relevant Member State: (a) to any legal entity which is a qualified investor as defined in the Prospectus Directive; (b) to fewer than 150 natural or legal persons (other than qualified investors as defined in the Prospectus Directive), as permitted under the Prospectus Directive; or (c) in any other circumstances falling within Article 3(2) of the Prospectus Directive, provided that no such offer of securities shall result in a requirement for Kojamo, the joint bookrunners or the coordinators to publish a prospectus pursuant to Article 3 of the Prospectus Directive or supplement a prospectus pursuant to Article 16 of the Prospectus Directive. The expression an "offer to the public" in relation to the Notes in any Relevant Member State means the communication in any form and by any means of sufficient information on the terms of the offer and any securities to be offered so as to enable an investor to decide to purchase any securities, as the same may be varied in that Relevant Member State by any measure implementing the Prospectus Directive in that Relevant Member State.

The information provided in this release and any offer materials relating to the Notes is addressed to and directed only at persons in the United Kingdom in circumstances where section 21(1) of the Financial Services and Markets Act 2000 as amended, does not apply and are solely directed at persons in the United Kingdom who (a) have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (b) persons falling within Article 49(2)(a) to (d) of the Order, or other persons to whom they may be lawfully communicated (all such persons together being referred to as "relevant persons"). This release is directed only at relevant persons and any person who is not a relevant person must not act or rely on this document or any of its contents.

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