Bong cancels repurchased notes

Bong AB (publ) (“Bong”) has previously announced that it has repurchased own corporate outstanding notes (with ISIN SE0016829642) on the market. In total, repurchases for a nominal amount of SEK 58 million have been made. These repurchases have been financed with a bank loan and therefore Bong now cancels the repurchased notes in accordance with the terms and conditions of the notes originally dated 8 October 2021 and as amended on 1 October 2024.

Thus, the outstanding nominal amount of the bond is SEK 52 million.

Bong is one of the leading providers of envelope products in Europe that also offers solutions for distribution and packaging of information, advertising materials and lightweight goods. Important growth areas in the Group are packaging within retail and e-commerce and the envelope market within Eastern Europe. The Group has annual sales of approximately SEK 2.1 billion and about 1,000 employees in 13 countries.

Bong has strong market positions in most of the important markets in Europe and the Group sees interesting possibilities for continued development. Bong is a public limited company and its shares are listed on Nasdaq Stockholm (Small Cap).

For further information, please contact Carsten Grimmer, CFO of Bong AB (publ). Tel (switchboard) +46 44-20 70 00.