The following information is a description of the principal features of the issue of the Series A Bonds. This description should be read in conjunction with, and is qualified in its entirety by reference to, the detailed information presented elsewhere in the Private Placement Memorandum.

The Private Placement Memorandum can be downloaded here.

 

The Series A Bonds

Issuer:

Birchland
B.V.

Principal amount:

EURO 550,000,000

Denomination:

EURO 1000 per Bond

Redemption price:

105%

Type:

Senior Secured

Interest rate:

4.75% p.a.

Interest accrual

method:

Actual/Actual (ISDA)

Bond Interest Payment

Dates:

15 March and 15 September every year until maturity except the First
Interest Payment Date

Issue Date:

24 November 2022

Amortisation:

Full principal repayment on Maturity Date,
no scheduled amortization before maturity.

First Bond Interest

Payment Date:

15
September
2023

Final Maturity Date:

15 March 2028

Application for listing:

Vienna Stock Exchange

ISIN:

CH1149139730