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.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.