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Published on 11/13/2018 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Stillfront will redeem SEK 500 million bonds due 2020 on Nov. 23

By Sarah Lizee

Olympia, Wash., Nov. 13 – Stillfront Group AB (publ) said it will redeem its outstanding SEK 500 million of senior secured callable floating-rate bonds due 2020 in full on Nov. 23, according to a notice.

As previously reported, the redemption was conditioned on the company’s new bond offering announced on Oct. 25. The redemption date was to be no later than 10 days after the pricing date of the new bonds.

The bonds will be redeemed at 103.75 plus accrued interest, according to a previous release.

Stillfront is a Hamburg, Germany-based independent creator, publisher and distributor of digital games.


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