Notice for Second Written Procedure for bonds issued by Filago Prosjekt Holding 1 AS 

To the holders of the Senior Secured Fixed Rate Bonds with ISIN: NOK BONDS: NO 001 0865504 and SEK BONDS: NO 001 0865470 (the “Bonds”) issued by FIlago Prosjekt Holding 1 AS (the “Issuer”) on 29 September 2017.

Capitalized terms not otherwise defined in this notice shall have the meaning given to them in the terms and conditions relating to the Bonds (the “Terms and Conditions”). 

The full notice can be downloaded as per below:

Notice for second written procedure

Intertrust (Norway) AS is acting as Trustee on behalf of the Bondholders under the Terms and Conditions.

On 26 May 2020, the Trustee initiated a Written Procedure upon the request from a bondholder representing more than 10 per cent of the Adjusted Nominal Amount (“Kreditfonden”). The Written Procedure which ended 10 June 2020 at 18.00 (CET) did not meet the quorum requirement set out in Clause 20.10 of the Terms and Conditions as 30.80 per cent of the Adjusted Nominal Amount participated in the Written Procedure and 68,5 per cent of the eligible votes approved of the request subject for the Written Procedure.

As requested by Kreditfonden and acting in its capacity as Trustee for the Bondholders under the Terms and Conditions, the Trustee hereby initiates a second written procedure (the “Second Written Procedure”) in accordance with cl. 20.11 of the Terms and Conditions. The proposal (the “Proposal”) subject for the Second Written procedure and the background thereto is described in Section A (Background and Proposal). 

Important Dates:

Record date (for voting): 16 May 2020

Last time and day to vote: 18.00 (CET) on 30 June 2020

For further questions please see below:

For Kreditfonden:

Scandinavian Credit Fund I AB (publ)

Emma Westerberg, emma.westerberg@kreditfonden.se, +46 (0) 725 600 712

Scandinavian Credit Fund I AB (publ)

Fredrik Sjöstrand, fredrik.sjostrand@kreditfonden.se, +46 (0) 705 757 551

For the Trustee:

Intertrust (Norway) AS

Eleonore Foss, eleonore.foss@intertrustgroup.com, +47 958 14 513

Andreas W. Hennyng, andreas.w.hennyng@intertrustgroup.com, +47 971 87 151