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Notice for Written Procedure for bonds issued by Filago Prosjekt Holding 1 AS 

26 May 2020

To the holders of the Senior Secured Fixed Rate Bonds with ISIN: NOK Bonds: NO 001 080497.4 and SEK Bonds: NO 001 080498.2 (the “Bonds”) issued by Filago Prosjekt Holding 1 AS (the “Issuer”) on 29 September 2017. 

Capitalized terms not otherwise defined in this notice shall have the meaning given to them in the terms and conditions relating to the bonds (the “Terms and Conditions”). 

The full notice can be downloaded as per below:

Notice for Written Procedure

On behalf of, and as requested by Kreditfonden, a bondholder representing more than 10 per cent of the Adjusted Nominal Amount, the Trustee, acting in its capacity as Trustee for the Bondholders under the Terms and Conditions, hereby initiates a written procedure (the “Written Procedure”), whereby the Bondholders can approve or reject a proposal regarding the properties in which the Bondholders has security. The proposal (the “Proposal”) and the background hereto is described in Section A (Background and Proposal) in the full notice which can be downloaded above.

Important Dates

Record Date (for voting): 26 May 2020

Last time and day to vote: 18.00 CET on 10 June 2020


Pursuant to Clause 20.10 of the Terms and Conditions, a quorum in respect of the Written Procedure will only exist if a Bondholder (of Bondholders) representing at least fifty (50) per cent of the Adjusted Nominal Amount reply to the Proposal. 

Pursuant to Clause 20.8 and 20.9 of the Terms and Conditions, at least fifty (50 per cent of the Adjusted Nominal Amount for which Bondholders reply in the Written Procedure must consent to the Proposal in order for it to be approved. 


The Trustee must have received the votes no later than by 18.00 (CET) on 10 June 2020. 


For further questions please see below.

To Kreditfonden:

Scandinacian Credit Fund I AB (publ) 

Emma Westerber, [email protected], +46 (0) 725 600 712


Scandinavian Credit Fund I AS (publ)

Fredrik Sjöstrand, [email protected], +46 (0) 705 757 551


To the Trustee: 

Intertrust (Norway) AS 

Eleonore Foss, [email protected], +47 958 14 513


Intertrust (Norway) AS

Andreas W. Hennyng, [email protected], +47 971 87 151

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