Reference is made to the SEK 700 million bond loan with ISIN SE0004649713 issued on June 12, 2012, and the SEK 800 million bond loan with ISIN SE0005393477 issued on September 23, 2013, by Bayport Management Ltd.
In accordance with the terms and conditions for these bond loans and at the request of Bayport Management Ltd, the agent of the bondholders has today summoned to two bondholders' meetings by way of procedures in writing, with the purpose of approving (1) a bond merger whereby the bond loan issued in 2013 is merged into the bond loan issued in 2012 and (2) an alignment of the terms and conditions for the bond loan issued in 2012 (i.e., the combined bond loan after the proposed bond merger) with the terms and conditions for the maximum SEK 1.5 billion bond loan with ISIN SE0007577358 issued by the company on October 23, 2015.
The outcome of the written procedures will be announced through a press release on or about April 18, 2016, the last day for replies in the written procedures is April 15, 2016 and the voting record date is April 8, 2016. Depending on the outcome, that press release will also contain further information regarding the implementation of the bond merger and the alignment of the terms and conditions.
The notice of each procedure in writing, including complete proposals for resolutions and voting instructions, will be made available on the company's website (www.bayportfinance.com) and has also been sent by the agent to directly registered owners and registered authorised nominees (Sw. förvaltare) of the bonds as of March, 14 2016 in the debt ledger produced by Euroclear Sweden.
Further information relating to the procedures in writing, the company's bonds or the company can be found on the company's website.
For additional information, please contact David Rajak, Capital Markets Executive (investor@bayportfinance.com / +27 11 236 7300).
Bayport Management Ltd is required to make public this information in accordance with the Swedish Securities Market Act and/or the Financial Instruments Trading Act. The information was released for publication on March 18, 2016 at 10h30 (CET).
This notice is issued pursuant to Listing Rule 11.3 and 11.5 of the Stock Exchange of Mauritius Ltd. The Board of Directors of Bayport Management Ltd accepts full responsibility for the accuracy of the information contained in this Communique.
HUG#1995736
