Bahamas 
Brazil 
BVI 
Canada 
Cayman Islands 
Curaçao 
USA 
Australia 
China 
Hong Kong 
India 
Japan 
New Zealand 
Singapore 
Belgium 
Cyprus 
Denmark 
Finland 
France 
Germany 
Greece 
Guernsey 
Ireland 
Italy 
Jersey 
Luxembourg 
Norway 
Spain 
Sweden 
Switzerland 
The Netherlands 
UAE 
UK Featured articles and media
Insights | Corporate Client Services
Voluntary carbon credits bolster green bonds
25 May 2023
Read >
Featured articles and media
Show all media for Private Capital & Hedge Fund Services >
Featured articles and media
Show all media for Capital Markets >
Featured articles and media
Show all media for Private Clients >
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 >To the bondholders in senior secured bonds with ISIN NO 001 080980.9 (NOK Bonds) (the “Bonds”) issued by Blåfjell AS (the “Issuer”) on 9 November 2017.
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.
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 November 2017 (the “Terms and Conditions”).
Capitalised terms not defined herein shall have the same meaning as in the Terms and Conditions.
In the Written Procedure for which notice was given on 2 November 2020 and last date to vote was 6 September 2020 at 16:00 CET, the Trustee hereby announce the successful completion of the Written Procedure. The Written Procedure was initiated in order for the Bondholders to consider whether they would instruct Intertrust to appeal a resolution to enter into an agreement concerning transfer of business in accordance with the Norwegian Bankruptcy Act §117a (the “Request”) as fully described in Schedule 1.
Eligible replies corresponding to 7,15 per cent of the Adjusted Nominal Amount have been received in the Written Procedure. It was thus established that the requisite quorum of at least 50 per cent of the Adjusted Nominal Amount was not achieved. The Request war therefore neither accepted nor rejected.
The Request was approved by 100 per cent of the eligible votes received in the Written Procedure. The consent requirements in cl. 19.9 of Bondholders representing more than fifty (50) per cent of the Adjusted Nominal Amount for which Bondholders reply in the Written Procedure was therefore met.
A Second Written Procedure will be initiated shortly in accordance with cl. 19.11 under the Terms and Conditions.
For further information, please contact:
For the Trustee:
Eleonore Foss
Intertrust (Norway) AS
+47 958 14 513
Andreas W. Hennyng
Intertrust (Norway) AS
+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 servicesPrivate 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 servicesCapital 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 servicesPrivate 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