Notice of Early Redemption to the bondholders in senior secured bonds issued by Oslo House Invest AS

To the bondholders in senior secured bonds with ISIN NO 001 081233.2 (NOK Bonds) (the “Bonds”) issued by Oslo House Invest AS (the “Issuer”) on 21 December 2017.

A Norwegian translation of the notice is included in the full version which can be downloaded as per below. In case of any inconsistency between the Norwegian translation and the English text, the English text shall prevail. 

Notice of Early Redemption

Intertrust (Norway) AS (the “Trustee”) is acting as Trustee on behalf of the Bondholders under the terms and conditions relating to the Bonds dated 21 December 2017 (the “Terms and Conditions”). Capitalised terms not defined herein shall have the same meaning as in the Terms and Condtitions.

Notice of Early Redemption

The Issuer hereby gives notice that the Issuer will exercise its call option right in relation to the Bonds in accordance with cl. 12.3 (Voluntary early redemption (call option)) of the Terms and Conditions and as amended by the resolution resolved by the Bondholders 27 April 2020 by way of Written Procedure.

On 17 December 2020 (the “Redemption Date”), the Issuer will redeem all of the outstanding Bonds in full from of the Bondholders holding Bonds on the applicable Record Date being 10 December 2020.

The Redemption Notice from the Issuer is attached hereto as Schedule 1. 

For further information, please contact:

For the Issuer:

Thomas Berg-Nielsen

Oslo House Invest AS

E-mail: Thomas.berg-nielsen@oslohouse.no

Phone: +47 90 68 72 67

For the Trustee:

Eleonore Foss

Intertrust (Norway) AS

E-mail: eleonore.foss@intertrustgroup.com

Phone: +47 958 14 513

Andreas W. Hennyng

Intertrust (Norway) AS

E-mail: andreas.w.hennyng@intertrustgroup.com

Phone: +47 971 87 151