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EQS-News: Fiven ASA – redemption premium for existing bonds

EQS-News: Fiven ASA / Key word(s): Bond
Fiven ASA – redemption premium for existing bonds

06.12.2023 / 09:30 CET/CEST
The issuer is solely responsible for the content of this announcement.


PRESS RELEASE                                                                                               6 December 2023

 

Fiven ASA announces applicable redemption premium for redeeming its outstanding EUR 70m bonds

As announced on 27 November 2023, Fiven ASA ("Fiven") will redeem its outstanding EUR 70,000,000 senior secured sustainability-linked floating rate bonds with ISIN SE0016075196 (the "Bonds") in advanced on 21 December 2023 (the "Redemption Date").

 

Fiven has met the sustainability performance target for each relevant KPI on the relevant target observation date (being 21 November 2023) and no sustainability-linked redemption premium shall therefore be paid on the Redemption Date (in accordance with Clause 9.4 (Sustainability-Linked Redemption Premium) of the terms and conditions of the Bonds). The total redemption amount for each Bond shall as a result be 100.685 per cent. of the nominal amount plus accrued but unpaid interest up to (and including) the Redemption Date.

 

A Sustainability Performance Action Plan Review (as defined in the terms and conditions of the Bonds) has been published as of today and is available on the Issuer's website.

 

For further information, please contact:

Stein Erik Ommundsen, Group CFO and General Manager
Telephone:
Email: 

This information is information that Fiven ASA is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:40 CET on 6 December 2023.

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact  or visit .

 



06.12.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at -news.com


1790109  06.12.2023 CET/CEST

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