Nortal HQ, April 13, 2021
Nortal AS announces the successful completion of the written procedure to waive certain terms under the terms and conditions of the bonds.
Nortal AS (the “Company”) announces today the successful completion of the written procedure (the “Written Procedure”) that was initiated on March 16, 2021 in relation to the Company’s outstanding senior secured fixed rate bonds in volume up to EUR 75,000,000 due in 2024 (ISIN FI4000383930) (the “Bonds”), regarding waiving certain terms under the terms and conditions of the Bonds, as specified in the notice of the Written Procedure dated March 16, 2021 (the “Proposal”).
The last time and day for the holders of the Bonds (the “Bondholders”) to vote on the Proposal was 17.00 (EET) on April 13, 2021.
In the written procedure, a sufficient number of Bondholders participated in order to form a quorum, and a requisite majority of the Bondholders voted in favor to approve the Proposal.
The waiver shall be effective as of April 13, 2021.