To redeem the Bond Loan, Sobi has entered into a three year SEK 500 million term and SEK 500 million revolving facilities agreement with Svenska Handelsbanken AB (publ) and Danske Bank A/S, Danmark, Sverige Filial. Part of the facility will be used, together with own funds, to redeem the Bond Loan on 27 June 2016 in accordance with Clause 7.4 of the terms and conditions of the Bond Loan. Each Bond will be redeemed at a redemption amount equal to 101 per cent of its nominal amount together with accrued but unpaid interest.