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Reference is made to Solnes Invest AS bond loan with a maximum Total Nominal Amount of NOK 31,000,000 and SEK Bonds with a maximum Total Nominal Amount of SEK 46,000,000, respectively (the “Terms and Conditions”) with ISIN: NO 001 079153.6 and ISIN: NO 001 079154.4 (the “Bonds”).
We hereby wish to inform you that Solnes Invest AS is giving notice to the holders of a certain amendment to the Terms of Conditions for the Bonds
Due to an error, the definition of Interest Payment Date does not conform to the parties’ intentions before the Terms and Conditions was entered into.
The Trustee and Solnes Invest AS have agreed to amend the Terms and Conditions in that the erroneous date “4 March” in the definition “Interest Payment Date” of the Terms and Conditions has been deleted and the correct date “4 February” has been inserted.
This amendment of the Terms and Conditions has been made with the purpose of rectifying an obvious error and mistake in the Terms and Conditions.
Pursuant to the Terms and Conditions Clause 22.1 (a), Solnes Invest AS and the Trustee (acting of behalf of the Bondholders) may agree to amend the Terms and Conditions provided that such amendment is not detrimental to the interest of the Bondholders as a group in any material respect, or is made solely for the purpose of rectifying obvious errors and mistakes.
Solnes Invest AS and the Trustee are of the opinion that the Terms and Conditions Clause 22.1 (a) is applicable for amending the definition of Interest Payment Date in the Terms and Conditions.
The amendment of the terms and conditions for the Bonds described above shall come into force on 24 October 2017. The updated terms and conditions for the Bonds are available here.
For further information:
The agent:
Intertrust CN (Sweden) AB
Anna Litewka
Tel: +46 8 402 77 11
Email: [email protected]
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