Boreal Holding AS: Refinancing

08 Dec 2022 19:00 CET

Reference is made to the stock exchange notices from Boreal Holding AS (the
“Company”) of 1 December 2022 regarding summons for written resolutions relating
to the waiver of certain financial covenants and reporting requirements with
respect to Q3 under the Bond Terms.

The Company has entered into certain new financing agreements to refinance its
existing bank and bond debt. As part thereof, the Company is intending to call
on the senior secured NOK 2,500,000,000 bonds 2018/2025 issued with ISIN NO 001
0831951 (FRN) and ISIN NO 001 0886872 (FIX) (together referred to as the
“Bonds”), during December 2022.

The Company will revert with further details on timing of the redemption of the
Bonds once such decision has been made.


Source

Boreal Holding AS

Provider

Oslo Børs Newspoint

Company Name

Boreal Holding AS 18/25 FRN FLOOR C, Boreal Holding AS 20/25 3,50% C

ISIN

NO0010831951, NO0010886872

Market

Nordic Alternative Bond Market