Kategori: Catella

The objective of Catella Hedgefond is to achieve stable returns at low risk, regardless of market conditions. The fund invests mainly in Nordic equities and bonds, as well as in derivatives. Sustainability is an integral part of the fund management and the fund applies negative screening for sustainability criteria and consequently avoids long positions in companies that produce tobacco, alcohol, commercial games for money, pornography, coal, or weapons. Derivatives are used in the management of the fund to protect its capital and increase return opportunities. The fund strives to achieve low correlation with performance in the equity, credit and bond markets and may thus both raise the expected return and lower the expected risk in a traditional equity and fixed income portfolio.

Saving up a buffer for unexpected costs is probably the most important saving of all. Once your buffer is in place you should create a good mix on a slightly longer investment horizon; the one for your longer-term goals and dreams.

Catella AB (publ) (”Catella”) announces the amendment of the terms and conditions (the ”Terms and Conditions”), originally dated 9 June 2017, for Catella’s senior unsecured bonds with a framework amount of up to SEK 750,000,000 and ISIN SE0009994718. The amendment became effective on 27 June 2018.
Catella and Intertrust (Sweden) AB (the ”Agent”) have entered into an amendment agreement whereby the ”make whole”-provision (previously set out in clause 9.3(a) of the Terms and Conditions) has been removed and relevant adjustments following such removal have been made. This means that Catella has renounced its right to redeem the bonds prior to the First Call Date. Catella and the Agent deem the amendments to not be detrimental to the interest of the bondholders and have therefore in accordance with clause 18(a)(i) of the Terms and Conditions agreed to the amendments.
The amended Terms and Conditions are available on Catella’s website (www.catella.com).

For more information, please contact:
Knut Pedersen
CEO and President
+46 8 463 33 10
knut.pedersen@catella.se

Marcus Holmstrand
CFO
+46 8-463 33 10
marcus.holmstrand@catella.se

This information is information that Catella AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 02:00 p.m. CET on 27 June 2018.
Catella is a leading specialist in property investments, fund management and banking, with operations in 14 countries. The group manages assets of approximately SEK 180 billion. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more at catella.com

Catella AB (publ) (”Catella”) has mandated ABG Sundal Collier AB and Nordea Bank AB (publ) as its financial advisors to investigate the possibility of a tap issue of up to SEK 250,000,000 under the framework of Catella’s existing up to SEK 750,000,000 senior unsecured bonds with ISIN SE0009994718 and maturity in June 2022. Subject to, inter alia, market conditions, a transaction may follow. Net proceeds from the transaction will be used for general corporate purposes and to fund announced acquisitions.
For more information, please contact:
Knut Pedersen Marcus Holmstrand
Chief Executive Officer Chief Financial Officer
+46 8 463 33 10 +46 8 463 33 10
knut.pedersen@catella.se marcus.holmstrand@catella.se

This information is information that Catella AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 11.40 CET on 13th of June 2018.

Catella is a leading specialist in property investments, fund management and banking, with operations in 14 European countries. The group has assets under management of approximately SEK 180 billion. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more online at catella.com.

In order to ensure that Catella Bank’s various operations get the best possible conditions for development, and to achieve operational efficiency and optimized capital structure for the Catella Group, a strategic review has been initiated.
Currently, consolidation is taking place in Wealth Management in Luxembourg, where Nordic actors are leaving, creating a need for customers to find a counterparty who can understand and meet their demands. Catella intends to evaluate solutions to create optimal conditions to meet the customer needs and for continuing to operate in the Wealth Management-segment, through partnerships, or other types of collaborations, within the framework of a structure that does not bring about a consolidated situation for the Catella Group.
The current structure means that the consolidation of Catella Bank in the Catella Group entails extensive capital and regulatory requirements for operations outside of Catella Bank, which in turn affects the cost- and capital structure.
”Catella has grown its Wealth Management business rapidly in recent years. We have invested in skilled employees and, through cooperation with other parts of Catella, created attractive exposures and a high quality offer which is much appreciated by investors and customers. This business must be conducted through a structure that ensures customer needs and is effective from a cost- and capital perspective for the Group.” says Knut Pedersen, CEO of Catella.
In connection to the review of the structure it is natural to ensure, for continued growth, that the card issuing operations have an efficient operating platform. Work has begun, together with the business area management, to create the necessary conditions, and evaluate the structure, for the business.
Catella has previously announced that a strategic review of Catella Bank’s card acquiring operations is ongoing and is expected to be completed during the coming quarter.

For more information, please contact:
Knut Pedersen
CEO and President
+46 8 463 33 10
knut.pedersen@catella.se
Press contact:
Jonas Burvall
Head of Group Communications
+46 8 463 33 05, +46 766 27 97 55
jonas.burvall@catella.se

Catella is a leading specialist in property investments, fund management and banking, with operations in 14 European countries. The group has assets under management of approximately SEK 180 billion. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more online at catella.com.