Redemption Notice – Voluntary redemption of Bonds
Company announcement
No. 8/2022
Company announcement no. 8/2022 – Redemption Notice – Voluntary redemption of Bonds in full
11 October 2022
NOT FOR DISTRIBUTION IN OR INTO ANY PERSON LOCATED OR RESIDENT IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS PRESS RELEASE. THE DISTRIBUTION OF THIS PRESS RELEASE IN CERTAIN JURISDICTIONS (IN PARTICULAR, THE UNITED STATES AND THE UNITED KINGDOM) MAY BE RESTRICTED BY LAW.
Frontmatec Group ApS has today formally exercised its right to make a voluntary redemption of its outstanding EUR 175,000,000 Senior Secured Floating Rate Bonds due 2024 (ISIN DK0030452263) (the “Bonds”). The Bonds will be redeemed in accordance with their terms and conditions at a price equal to 102.50 per cent. of the outstanding nominal amount plus accrued and unpaid interest from, but excluding, the previous interest payment date until, and including, the early redemption date which is expected to occur on 10 November 2022.
Further information has been provided in a redemption notice which has been sent directly to the holders of Bonds.
For further information, please contact:
Thomas N. Stenager, CFO
+45 413 293 97
tns@frontmatec.com
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