24 June 2020
To the holders of the Senior Secured Fixed Rate Bonds with ISIN: NO 001 080980.9 (the “Bonds”) issued by Blåfjell AS (the “Issuer”) on 9 November 2017.
The full notice can be downloaded below and includes a Norwegian translation of some of the text. In case of any inconsistency between the English text and the Norwegian translation, the English text shall prevail.
Capitalized terms not otherwise defined herein shall have the meaning given to them in the terms and conditions relating to the Bonds (the “Terms and Conditions”).
Important dates:
Record Date (for voting): 25 June 2020
Last time and day to cote: 12:00 (CET) on 10 July 2020
In accordance with the obligations under clause 16.4, the Trustee, acting in its capacity as Trustee for the Bondholders under the Terms and Conditions, hereby initiates a written procedure (the “Written Procedure”), whereby the Bondholders can approve or reject an instruction to the Trustee to demand an acceleration of the bonds (the “Proposal”). The proposal and the background thereto are described in Sections A in the notice.
In relation to the initiation of the Written Procedure, the Bondholders’ Committee has instructed the Trustee to communicate a recommendation from the Bondholders’ Committee to the Bondholders. The recommendation from the Bondholders’ Committee is outlines in section A in the notice.
The Trustee must have received the votes before 12:00 (CET) 10 July 2020.
For further information, please reach out to:
The Bondholders’ Committee:
bhc.blaafjell@gmail.com
The Trustee:
Eleonore Foss
eleonore.foss@intertrustgroup.com
Tlf. +47 95 81 45 13
Andreas W. Hennyng
andreas.w.hennyng@intertrustgroup.com
Tlf. +47 97 08 71 51