Polygon AB (publ) announces the successful placement of EUR 60,000,000 subsequent notes

Polygon AB (publ) reg. no 556816-5855 (the "Company") has successfully completed a subsequent issue of EUR 60,000,000 3M EURIBOR + 5.00% notes (the “Subsequent Notes”) which will be issued in denominations of EUR 100,000 under the terms and conditions of the up to EUR 180,000,000 senior secured floating rate notes (ISIN SE0005878535) originally dated 14 April 2014 and as amended 29 June 2016 and as amended and restated on 26 October 2016 (the “Terms and Conditions”).

The settlement date for the Subsequent Notes will take place on 2 November 2016 and the maturity date is 16 April 2019. The coupon of 3M EURIBOR + 5.00% will be paid quarterly in arrears.

The proceeds from the Subsequent Notes will be used to carry out a recapitalisation of the Polygon group with an amount of up to EUR 60,000,000, as further described in the Terms and Conditions.

The transaction was well received by the market, with institutional investors from across the Nordic region participating in the book building process and subscribing to the Subsequent Notes. The transaction was well over-subscribed.

For further information, please contact:
Mats Norberg + 46 (0) 70 331 65 71
mats.norberg@polygongroup.com or

Rolf Edman +46 (0) 70 626 63 08
rolf.edman@polygongroup.com

This information is information that Polygon AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 17:30 CET on 26 October.