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- Result of October 24, 2022, Summons For Bondholders Meeting
Result of October 24, 2022, Summons for bondholders meeting
03 Nov 2022 10:59 CET
Issuer
Kistos Energy (Norway) AS
Reference is made to the summons for bondholders meeting dated October 24, 2022.
Nordic Trustee has today informed Mime Petroleum AS that the bondholders have
adopted the proposal as described in the summons.
The key changes adopted in the bond agreement is that the Issuer has agreed a
temporary call option till June 30, 2023 to redeem all (but not parts) of the
Outstanding Bonds at 105.125% of the Nominal Amount (plus accrued unpaid
interest). In return the Issuer has increased the Put Option price from 101.0%
to 103.0% of the Nominal Amount (plus accrued unpaid interest) in the event of a
sale resulting from the strategic review process as announced September 28,
2022.
For further questions, please contact:
Olav Haugland
CFO
Mob.: +47 915 41 80
More information:
Access the news on Oslo Bors NewsWeb site
Source
Mime Petroleum AS
Provider
Oslo Børs Newspoint
Company Name
Mime Petroleum AS 21/26 10.25 pct USD C
ISIN
NO0011142036
Market
Nordic Alternative Bond Market