We refer to the stock exchange notice published 25 August 2023 regarding the
successful placement of a new senior unsecured bond issue. Axactor ASA has today
notified Nordic Trustee AS that it will exercise the call option to redeem all
outstanding bonds (EUR 200,000,000) under its senior unsecured bond issue (with
ISIN NO0010914666) and each Bondholder is hereby given notice thereof. The bonds
were issued 12 January 2021 with maturity 12 January 2024.
The exercise of the call option is conditional upon certain conditions as set
out in the Call Option Notice being satisfied no later than 8 September 2023.
Subject to satisfaction of the aforementioned conditions, the entire bond issue
will be repaid at a price equal to 101 per cent of the Nominal Amount, plus
accrued and unpaid interest on the redeemed amount, with settlement date 12
September 2023.
Reference is made to the attached notice from Nordic Trustee AS for further
information about the call option.
For additional information please contact:
Johnny Tsolis, CEO, Axactor
Tel: +47 913 35 461
E-mail: johnny.tsolis@axactor.com
Kyrre Svae, Chief of Strategy & IR, Axactor
Tel: +47 478 39 405
E-mail: kyrre.svae@axactor.com