Investor AB - Bond tender
April 26 2007 - 12:54PM
UK Regulatory
RNS Number:6207V
Investor AB
26 April 2007
NOT FOR DISTRIBUTION TO ANY U.S. PERSON OR ITALIAN PERSON OR TO ANY PERSON OR
ADDRESS IN THE UNITED STATES OR THE REPUBLIC OF ITALY
Investor AB (publ)
(incorporated as a limited liability company in the Kingdom of Sweden)
Announcement of Pricing of Euro600,000,000 4.75 per cent. Notes due 2010
(the " Notes")
in relation to the Invitation of Offers to Sell for Cash any and all of the
outstanding Notes and
Solicitation of Consents in relation to the Notes (the "Invitation")
Further to the announcement by Investor AB (publ) (the "Company") earlier today,
the Company would like to correct the pricing information of its repurchase of
Euro274,498,000 in aggregate principal amount of the outstanding Notes as follows:
2010 Interpolated Mid-Swap Rate 4.365%
Early Offer Purchase Price 101.218%
Purchase Price 101.001%
Early Redemption Price 100.540%
Requests for information about the Offers to Sell for Cash should be directed
to:
Joint Dealer Managers:
Morgan Stanley & Co. International plc J.P. Morgan Securities Ltd.
25 Cabot Square 125 London Wall
Canary Wharf London EC2Y 5AJ
London E14 4QA United Kingdom
United Kingdom
Telephone: +44 (0) 20 7779 2468
Telephone: +44 (0) 20 7677 5040 Email: robin.p.stoole@jpmorgan.com
Email: liabilitymanagementeurope@morganstanley.com Attention: Robin Stoole
Attention: Liability Management
United States
The Invitation is not being made, directly or indirectly, to beneficial owners
of Notes who are located in the United States or are U.S. persons (within the
meaning of Regulation S under the U.S. Securities Act 1933, as amended) and
Notes may not be offered for sale by or on behalf of such persons. Accordingly,
copies of the Invitation Memorandum and any related documents are not being and
must not be distributed, forwarded, mailed, transmitted or sent to such persons
and such persons receiving the Invitation Memorandum must not distribute,
forward, mail, transmit or send it or any related documents to such persons.
Offers to sell made by a resident of the United States, by any agent, fiduciary
or other intermediary acting on a non-discretionary basis for a principal giving
instructions from within the United States, or by any U.S. person, will not be
accepted.
Italy
The Invitation is not being made in the Republic of Italy. The Invitation and
the Invitation Memorandum have not been submitted to the clearance procedure of
the Commissione Nazionale per le Societa e la Borsa (CONSOB) pursuant to Italian
laws and regulations. Accordingly, Noteholders are hereby notified that, to the
extent such Noteholders are persons resident and/or located in the Republic of
Italy the Invitation is not available to them and they may not submit offers to
sell Notes in respect of the Invitation and, as such, any offers to sell
received from or on behalf of such Noteholders shall be ineffective and void.
Neither the Invitation Memorandum nor any other solicitation material relating
to the Invitation or the Notes may be distributed or made available in the
Republic of Italy.
United Kingdom
The communication of the Invitation Memorandum is not being made, and the
Invitation Memorandum has not been approved, by an authorised person for the
purposes of section 21 of the Financial Services and Markets Act 2000.
Accordingly, the Invitation Memorandum is not being distributed to, and must not
be passed on to, the general public in the United Kingdom. Rather, the
communication of this Invitation Memorandum as a financial promotion is only
being made by the Company, or the Joint Dealer Managers to, and is directed only
at: (a) persons outside the United Kingdom; (b) those persons falling within the
definition of Investment Professionals (contained in Article 19(5) of the
Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "
Order")) or within Article 43 of the Order, or other persons to whom it may
lawfully be communicated; or (c) any person to whom it may otherwise lawfully be
made (such persons together being "relevant persons").
Belgium
In Belgium, the Invitation is not being and will not be made, directly or
indirectly, to, or for the account of, any person other than to professional or
institutional investors referred to in article 3, 2degrees of the Belgian royal
decree of 7 July 1999 on the public character of financial operations (the "
Public Decree"), each acting on their own account. The Invitation Memorandum has
not been and will not be submitted to nor approved by the Belgian Banking,
Finance and Insurance Commission (Commission Bancaire, Financiere et des
Assurances/Commissie voor het Bank, Financie en assurantiewezen) and accordingly
may not be used in connection with any solicitation in Belgium except as may
otherwise be permitted by Belgian law.
France
The Invitation Memorandum has not been submitted to the clearance procedures of
the Autorite des Marches Financiers.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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