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Notice of delayed payment of interest for the bonds issued by BioFish Holding AS

13 July 2020

To the bondholders in senior secured bonds with ISIN NO 001 0820178 (NOK Bonds) and ISIN SE 0011062256 (SEK Bonds) (the “Bonds”) issued by BioFish Holding AS (the “Issuer”) on 13 April 2018.

A Norwegian Translation of this notice is included in the full notice which can be downloaded as per below. In case of any inconsistency between the Norwegian translation and the English text, the English text shall prevail. 

Notice of delayed interest payment

Intertrust (Norway) AS (the “Trustee”) is acting as Trustee on behalf of the Bondholders under the terms and conditions relating to the Bonds dated 9 April 2018 (the “Terms and Conditions”).

Capitalized terms not otherwise defined herein shall have the same meaning as in the Terms and Conditions. 

The Trustee has been informed by the Issuer that the interest payment due 13 July 2020 will be delayed.

The Issuer has informed that the Trustee will be instructed to initiate a Written Procedure within short time, concerning the non-paid interest payment. 

Please be aware that a non-paid interest payment which is not remedied within (5) Business Days, constitutes an Event of Default in accordance with cl. 17.1 under the Terms and Conditions. Please be aware that Bondholders representing at least 10 per vent of the Adjusted Nominal Amount, may request that a Bondholders’ Meeting is convened for the purpose of deciding on a matter relating to the Finance Documents, including instructions to the Trustee to accelerate the bonds. 

For further questions please see below.

 

To the Issuer:

BioFish Holding AS

Torbjørn Skulstad, [email protected], [email protected], +47 483 81 546

 

 

To the Trustee:

Intertrust (Norway) AS

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

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

 

 

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