CLOSE

Featured events

Events | Virtual

Bankruptcy and Restructuring: Navigating Distress in the Evolving Markets

22 Jun 2023

Learn more >

Events | Virtual

Private Funds Industry Live, Expanding Private Funds in Global Markets

10 Jan 2023

Watch the recording >

Events | Virtual

Private Funds Industry Live, Demystifying Private Capital Funds

6 Dec 2022

Watch the recording >
Show all events >
CLOSE

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

 

 

Our services

Corporate Client Services

Operating internationally can be challenging. You need a partner who understands local rules, culture and customs and how they affect legal and regulatory requirements. That’s where we come in.

Can't find what you're looking for?

View all corporate client services

Private Capital & Hedge Funds Services

We differentiate our global leading fund services through our geographical spread, domain strength, technology offering and depth of services.

Can't find what you're looking for?

View all private capital & hedge fund services

Capital Markets

As capital markets evolve across the globe, you need a bespoke approach from a service provider with a genuine understanding of how markets are changing.

Can't find what you're looking for?

View all capital markets services

Private Clients

By understanding the importance of long-term relationships built around trust, we aim to truly understand your values. We’re your partner to help you protect, preserve and plan for the future.

Can't find what you're looking for?

View all private client services