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Notice of outcome in the written procedure for the bonds issued by Oslo House Invest AS

27 April 2020

To holders of senior secured fixed rate bonds due 21 December 2020 with ISIN NO 001 081233.2 (the “Bonds”) issued by Oslo House Invest AS (the “Issuer”) on 21 December 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. 

Notice of outcome

Intertrust (Norway) AS (the “Trustee”) is acting as Trustee on behalf the Bondholders under the terms and conditions relating to the Bonds dated 21 December 2017 (the “Terms and Conditions”). 

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

 

Notice of outcome in the written procedure

In the Written Procedure for which notice was given on 7 April 2020 and last date to vote was 24 April 2020, 18:00 (CET), the Trustee hereby announce the successful completion of the Written Procedure requested by the Issuer in order for the Bondholders to approve or reject a proposal (the “Request”) as fully described in Schedule 1, included in the full notice.

Eligible replies corresponding to 57,75 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 achieved in accordance with cl. 19.10 of the Terms and Conditions. 

The Request was approved by 100 per cent of the eligible votes received in the Written Procedure. The consent requirements in cl. 19.8 of Bondholders representing more than sixty-six and two thirds (66 2/3) per cent of the Adjusted Nominal Amount for which Bondholders reply in the Written Procedure was therefore met. The Request is thereby adopted.

 

For further information, please contact:

For ytterligere informasjon:

 

For the Issuer:

Oslo House Invest AS,

Thomas Berg-Nielsen, [email protected], +47 90 68 72 67

 

For the Trustee:

Intertrust (Norway) AS,

Andreas Hennyng, [email protected], +47 97 18 71 51

Eleonore Foss, [email protected], + 47 95 81 45 13

 

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