STENA AB to meet with fixed income investors

Gothenburg, Sweden, September 18, 2023 – Stena AB (the “Company”) one of the largest privately owned companies in Sweden, is set to meet fixed income investors starting on Monday, September 18, 2023. Following the investor meetings, a 5 to 8-year EUR and / or USD Senior Secured Notes offering, including potential issuance of additional senior secured notes due 2028, may follow, subject to, inter alia, market conditions. The proceeds of this new bond issue would be used to redeem the existing Senior Secured Notes due 2025. The Company expects to repay the existing Senior Notes due 2024 at their maturity through its available liquidity.

This press release is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, nor shall there be any sale of new bonds in any state or jurisdiction in which such offer, solicitation or sale is unlawful. The potential new bond issue referenced herein  has not been registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements of that act. This notice is being issued pursuant to and in accordance with Rule 135c under the U.S. Securities Act of 1933.

This press release does not constitute a notice of redemption for the Senior Secured Notes due 2025, which will be made in accordance with the indenture governing those notes.

Forward-Looking Statements

The press release include forward-looking statements within the meaning of applicable securities laws, including a potential issuance of new bonds. These forward-looking statements reflect the Company’s current view and are subject to change including as a result of changes in market conditions. Forward-looking statements reflect knowledge and information available at, and speak only as of, the date they are made, and the Company expressly disclaims any obligation or undertaking to update, review or revise any forward-looking statement contained in this press release. Readers are cautioned not to place undue reliance on such forward-looking statements.