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
Show all media for Corporate Client Services >
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 Wealth >
Featured events
Events | London
Rules Compliance Respect: Meeting the technology and data challenge
28 Sep 2022
Watch the recording >
Intertrust (Norway) AS (the “Trustee”) acting in its capacity as trustee for the bondholders under the terms and conditions for the bonds, has at the request of the Issuer on 7 October 2019 initiated a written procedure by which bondholders can vote for or against the Issuer’s request to waive the next two instalments on the bonds, which fall due on 9 November 2019 and 9 February 2020 in accordance with cl. 12.1.1.
The bondholders are hereby asked to approve or reject the proposal from the Issuer, implying that the bondholders approve that the Issuer will not be able to pay the next two instalments on the bond, which fall due 9 November 2019 and 9 February 2020, meaning that these instalments will be deferred to the principal maturity in November 2020. For a further description of the proposal see the full notice which can be downloaded as per below.
Blåfjell AS – Notice of Written Procedure
Pursuant to cl. 19.10 of the terms and conditions, a quorum in respect of the written procedure will only exist if bondholders representing at least fifty (50) per cent of the adjusted nominal amount reply to the Request. Pursuant to clause 19.8 of the terms and conditions, at least sixty-six and two thirds (66 2/3) per cent. of the adjusted nominal amount for which bondholders reply in the written procedure must consent to the Request in order for it to be approved.
The Agent must have received the votes no later than by 12.00 (CET) on 23 October 2019.
For further information, please contact:
To the Trustee:
Intertrust (Norway) AS, Peter Drachmann,
[email protected], +47 400 22 444
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 Wealth
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 wealth services