ZETADISPLAY CONTEMPLATES ISSUANCE OF SENIOR SECURED BONDS AND ANNOUNCES CONDITIONAL TENDER OFFER FOR ITS OUTSTANDING 2023/2026 BONDS

Core Viewpoint - ZetaDisplay AB is planning to issue new senior secured floating rate bonds amounting to SEK 500,000,000 to refinance existing debt, fund potential acquisitions, and finance general corporate purposes [1][2]. Group 1: Bond Issuance - The company has mandated Pareto Securities and Nordea to arrange investor meetings starting March 17, 2025, to explore the issuance of new bonds [1]. - The new bonds will have a tenor of 3 years and are subject to market conditions [1]. Group 2: Tender Offer - ZetaDisplay is offering holders of its existing bonds to tender their bonds for purchase at a price of 102.325% plus accrued and unpaid interest [3]. - The tender offer will expire upon the close of the book building process for the new bonds unless extended or terminated by the company [3][4]. Group 3: Settlement and Redemption - Settlement of the tender offer is expected to occur approximately ten business days after the expiration date, potentially on the same day as the settlement of the new bonds [4]. - The company will issue a notice of voluntary early redemption for any existing bonds not repurchased in the tender offer at the prevailing call price of 102.325% plus accrued and unpaid interest [4].