Havator Group Oy (the “Company”) has decided to exercise the option to redeem its EUR 29,000,000 senior secured floating rate notes with ISIN FI4000414958 (the “Notes”) in accordance with the terms and conditions of the Notes. All the outstanding Notes will be redeemed in full on 15 November 2023 (the “Redemption Date”), at an amount per Note equal to 100.0 per cent. of the repaid nominal amount (as defined in the terms and conditions of the Notes).
This notice of the voluntary total redemption of the Notes is given to noteholders in accordance with the terms and conditions of the Notes. The notice of the voluntary total redemption to noteholders is attached hereto.
The Company has negotiated a financing arrangement for the purpose of financing the voluntary total redemption of the Notes (the “Financing Arrangement”). The redemption of the Notes and the giving of the notice of the voluntary total redemption of the Notes to noteholders, is subject to and conditioned upon the completion of the Financing Arrangement, and the Company shall not, and shall have no obligation to, redeem any of the Notes pursuant to the notice of the voluntary total redemption of the Notes to noteholders unless the completion of the Financing Arrangement has been fulfilled on or prior to the Redemption Date.
If the completion of the Financing Arrangement is not satisfied on or prior to the Redemption Date, the Notes will remain outstanding and interest will continue to accrue in accordance with the terms and conditions of the Notes.
Read more:
- Havator Group Oy’s voluntary total redemption of its EUR 29,000,000 senior secured floating rate notes
- NOTICE OF VOLUNTARY TOTAL REDEMPTION
For more information, please contact:
Havator Group Oy
Lari Niemi, CFO
Phone: +358 44 709 2740
E-mail: lari.niemi@havator.com