Sparbanken Västra Mälardalen considering a bond issue and publishes a återköpserbjudande for outstanding bonds maturing in January 2019.

Sparbanken Västra Mälardalen (the»Savings bank«) has given Danske Bank and Swedbank mandate to examine the possibility of issuing a senior non-covered bond in SEK with a maturity of three years (the «New Issuance«). The New Issue will be subject to prevailing market conditions.

In connection with, and conditional upon, the New Issue offers the Savings bank to repurchase up to SEK 200 million of its outstanding bond of SEK 400 million with a maturity date of January 28, 2019 (ISIN: SE0007982459) («2019-the bond«) (the»repurchase offer«). In the repurchase offer will the Savings bank to give priority to offer to repurchase to the bondholders, that (i) participating in the New share Issue; and/or (ii) provides satisfactory commercial terms for the repurchase offer.

Holders of 2019-the bond who wishes to participate in the repurchase offer shall, by 22 February 2018 contact arrangörsbankerna by using the contact details can be found below to get more information about the repurchase offer. Settlement date for the repurchase offer will be on the settlement date for the New Issue, which will be on or about march 1, 2018. The savings bank may decide that the repurchase offer may be extended, reopened, withdrawn or terminated.

Danske Bank A/S

Tel: +46 752 48 06 11

E-mail: liabilitymanagement@danskebank.dk

Swedbank AB (publ)

Tel: +46 8 700 90 22

E-mail: Syndicate@swedbank.se

For more information

Mikael Bohman, CEO

Telephone 0221-344 58

Mobile 070-556 52 35

E-mail mikael.bohman@sparbankenvm.se

Mats Lindkvist, Chief Financial Officer

Telephone 0221-344 78

Mobile 070-584 35 50

E-mail mats.lindkvist@sparbankenvm.se

 Facts about Sparbanken Västra Mälardalen

Sparbanken Västra Mälardalen (corporate 578500-7120) is a Swedish genuine savings bank with head office in Köping Municipality in Västmanland county. Sparbankens activity is governed mainly by the providing merchant processing services worldwide (1987:619) and the act (2004:297) banking and financing business act and in general the Swedish law.

Ultimately responsible for the Sparbankens business is Sparbankens 48 principals. These are selected according to a specific system and represents Sparbankens customers. Principals exert its influence on Sparbanksstämman which is Sparbankens highest decision-making body. Sparbanksstämman decides on the appointment of the board of directors and auditors. The board of directors elects the chairman and appoints the chief executive officer.

The chairman of the Sparbankens board is Lars-Erik Wige. The board of directors currently consists of 8 members. Mikael Bohman is the executive director of the Savings bank since 2005.

For more information about Sparbanken Västra Mälardalen visit www.sparbankenvm.se.

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Sparbanken Västra Mälardalen via Globenewswire

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