HKFoods to redeem its outstanding notes due 17 June 2027
HKFoods Plc,Stock Exchange Release, 18 September 2026 at 2:15 p.m. EEST
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HKFoods to redeem its outstanding notes due 17 June 2027
This notice is made in respect of HKFoods Plc's (the "Company") floating rate senior secured notes due 17 June 2027 with an initial aggregate principal amount of EUR 90,000,000 (ISIN: FI4000571708) (the "Notes").
The Company hereby gives a notice to the holders of Notes (the "Noteholders") that it will redeem all the outstanding Notes in accordance with Condition 8.4 (Clean-up call option) of the terms and conditions of the Notes.
On 17 September 2026, OP Corporate Bank Plc, acting as the offeror, purchased Notes in an aggregate principal amount of EUR 87,665,000 pursuant to the terms and conditions set out in the tender offer memorandum dated 7 September 2026 (the "Tender Offer"). The remaining outstanding aggregate principal amount of the Notes after the completion of the Tender Offer is EUR 2,335,000, representing approximately 2.59 per cent of the initial aggregate principal amount of the Notes. The Company is therefore entitled to redeem all of the outstanding Notes in accordance with Condition 8.4 (Clean-up call option) of the terms and conditions of the Notes.
The outstanding Notes will be redeemed on 5 October 2026 (the "Redemption Date") in accordance with the terms and conditions of the Notes. On the Redemption Date, the Company will pay to the Noteholders a redemption price per Note equal to 100 per cent of their principal amount together with any accrued but unpaid interest. Interest on the Notes to be redeemed accrues until (but excluding) the Redemption Date.
This notice of redemption is irrevocable. All the outstanding Notes redeemed by the Company will be cancelled and de-listed from the regulated market operated by Nasdaq Helsinki Ltd.
Further information:
Juha Ruohola, CEO, tel. +358400647 160
Mika Tilli, CFO, tel. +358 50 538 5793
Mikael Tornberg, Group Treasurer, tel. +358 45 6363 252
HKFoods Media Service Desk, tel. +358 10570 5700 or communications@hkfoods.com
With 110 years of experience, we at HKFoods make life tastier – today and tomorrow. With nearly 3,000 professionals, we make locally produced food for consumers’ various food moments. Our well-known brands in Finland are HK®, Kariniemen® and Via®. HKFoods is a publicly listed company, and in 2025, our net sales totalled EUR 1 billion. www.hkfoods.com
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Nasdaq Helsinki Oy