Skip to main content

Inside information: SATO Corporation announces results regarding tender offer of outstanding notes due 2028

Written by Customer Service on . Posted in Mergers And Acquisitions.

SATO Corporation, Stock Exchange Release 6 March 2024 at 10:00 am

SATO Corporation has today announced the results of its invitation to holders of its outstanding EUR 350,000,000 1.375 per cent notes due 24 February 2028 to tender such notes for cash up to an aggregate principal amount of EUR 50 million.

The results are as follows:

ISIN: XS2233121792          

Maturity date: 24 February 2028               

Issued amount (EUR): 350,000,000                    

Repurchased amount (EUR): 50,000,000

The expected Settlement Date in respect of the Tender Offer is 8 March 2024. Full details concerning the Tender Offer are set out in the Tender Offer Memorandum.

For more information, please contact:

Markku Honkasalo, CFO, phone: +358 201 134 4226

Henry Lindqvist, Group Treasurer, phone +358 50 317 2352

www.sato.fi/en

SATO Corporation is an expert in sustainable rental housing and one of Finland’s largest rental housing providers. SATO owns around 25,000 rental homes in the Helsinki Metropolitan Area, Tampere and Turku.

SATO aims to provide an excellent customer experience and a comprehensive range of urban rental housing alternatives with good access to public transport and services. We promote sustainable development and work in open interaction with our stakeholders. SATO invests profitably, sustainably and with a long-term view. We increase the value of our assets through investments, divestments and repairs.

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.