Bayn Group AB (publ) (the “Company” or “Bayn Group”) has resolved to issue SEK 100,000,000 senior secured bonds (the “Bonds” or the “Bond Issue”) under a framework of SEK 500,000,000 with maturity in January 2024. The net proceeds from the Bond Issue will increase the financial preparedness of the Company and will be used to finance future acquisitions and general corporate purposes.

The Bond Issue was well received by reputable Nordic institutional and private investors and was heavily oversubscribed. The Bonds carries a fixed coupon of 9.5 per cent and settlement is expected to occur on 5 January 2021. The Bonds are secured through pledges over shares in current and future material subsidiaries and certain intercompany loans. The Company intends to list the Bonds at Nasdaq First North Bond Market.

“We are very pleased to have secured the new capital markets debt financing, which marks yet another milestone in our strategic journey. Bayn Group has an M&A-driven growth strategy and the bond loan provides us with a flexible financing solution, enabling us to accelerate our growth agenda and to quickly act on new potential acquisition candidates” – Simon Petrén, Deputy CEO

Carnegie Investment Bank acted as Sole Bookrunner and Gernandt & Danielsson KB acted as legal counsel in connection with the Bond Issue.

For additional information, please contact:

Simon Petrén, Deputy CEO, Bayn Group AB
Phone: +46 70 999 94 55

This information is such information Bayn Group is obliged to make public in accordance with the (EU) Market Abuse Regulation 596/2014. The information in this press release has been made public through the agency of the responsible person set out above for publication at the time stated by Bayn Group’s news distributor Cision at the publication of this press release.

About Bayn Group

Bayn Group is a Swedish foodtech group, supplying cutting edge and healthy sugar reduction solutions for the food and beverage industry. Bayn’s ingredient solutions, refined through scientific research and extensive market experience, facilitate new formulations and recipes that improve the taste and texture of the next generation of sugar-and calorie reduced products.

For more information

Bayn is listed on Nasdaq Stockholm, First North Growth Market, under the ticker BAYN

FNCA Sweden AB is Bayn’s certified adviser. Tel: 08-528 00 399 E-mail: