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Notice of written procedure for senior secured fixed rate bonds issued by ICON Real Estate Fund III – Suurpelto Ky (the “Issuer”)

15 October 2019

Intertrust (Finland) Oy (the “Agent”) acting in its capacity as agent for the bondholders under the terms and conditions for the bonds, has at the request of the Issuer on 15 October 2019 initiated a written procedure by which bondholders can approve or reject a proposal from the Issuer.

The Issuer asks the bondholders to approve certain amendments and waivers to the Terms and Conditions (the “Request“). For further details of the Request and the background and rationale relating thereto, please see the full notice which can be downloaded as per below.

Notice of written procedure for ICON Real Estate Fund III – Suurpelto Ky


Pursuant to the terms and conditions, a quorum in respect of the written procedure will only exist if bondholders representing at least fifty (50) per cent of the Adjusted Nominal Amount reply to the Request. Pursuant to the terms and conditions, at least sixty-six and two thirds (66 2/3) per cent. of the Adjusted Nominal Amount for which bondholders reply in the written procedure must consent to the Request in order for it to be approved.


The Agent must have received the votes no later than 13.00 (CET) on 4 November 2019.


For further information, please contact:

Intertrust (Finland) Oy

Contact: Alli Seppänen

Phone: +358 45 249 6103

Mail: finland@intertrustgroup.com, with a copy to alli.seppanen@intertrustgroup.com

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