CLOSE

Notice to the bondholders in senior secured bonds issued by Filago Prosjekt Holding 1 AS

22 January 2021

To the bondholders in senior secured bonds with ISIN NO 001 0865504 (NOK Bonds) and ISIN NO 001 0865470 (SEK Bonds) (the “Bonds”) issued by Filago Prosjekt Holding 1 AS (the “Issuer”) on 29 September 2017.

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

Notice to Bondholders

Intertrust (Norway) AS (the “Trustee”) is acting as Trustee on behalf of the Bondholders under the terms and conditions relating to the Bonds dated 29 September 2017 (the “Terms and Conditions”).

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

On June 30 2020, the Bondholders resolved to approve the Proposal from Bright View AS, subject for the Written Procedure initiated 26 May 2020. As communicated to the Bondholders in the Notice for Written Procedure and in the Notice to Bondholders dated 1 July 2020, the Proposal from Bright View AS was conditioned by the consent of the estate of bankruptcy. The Trustee, the estate of bankruptcy and Bright View AS entered into discussion concerning a possible effectuation of the Proposal from Bright View AS. Due to a lack of assurance in respect of legal issues, security related aspects and technicalities, the estate of Bankruptcy did not consent to an effectuation of the Proposal from Bright View AS.

As a result of this, the estate of Bankruptcy submitted a motion for forced sale of the properties on Tjøme and Gran in October 2020.

The Trustee is currently waiting for any decision to be available in respect of the forced sale. The Bondholders will be informed promptly upon receival of such decision.

For further information, please contact:

For the Trustee:

Eleonore Foss

Intertrust (Norway) AS

[email protected]

+47 958 14 513

Andreas W. Hennyng

Intertrust (Norway) ASc

[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 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