GlobalConnect A/S reg. no. (CVR) 26 75 97 22 (the "Issuer") hereby irrevocably gives notice that it will redeem in full its outstanding 5.70% Senior Secured Bond Issue 2013/2018 due 2020 with a current outstanding total nominal amount of DKK 700,000,000 (ISIN NO0010678782) (the "Bonds").
On 28 February 2017, the successful acquisition closing of GlobalConnect A/S by Infrastructure investment strategy ("EQT Infrastructure"), through Skynet Invest A/S, occurred. All necessary conditions for the Early Redemption of the Bonds have hereby been fulfilled in accordance with the Proposal implemented in the Bondholders' Meeting held on 13 February 2017.
In accordance with the bond agreement governing the Bonds (the "Bond Agreement"), the Issuer has today sent notice of Early Redemption to the Bondholders. All Bonds will be redeemed at the first possible redemption price (the "Early Redemption Price") corresponding to 107.300 per cent. of par value together with accrued and unpaid interest (from, and including, the preceding interest payment date until, but excluding, the relevant Early Redemption date).
Payment of the Early Redemption Price will be made to each person who, in accordance with the Bond Agreement, is registered as a Bondholder in the Securities Depository at end of business on 3 March 2017. The Early Redemption settlement date is set to 7 March 2017.
Payment of the Early Consent Fee of 0.200 per cent. in respect of the Bonds will be paid on or around the Early Redemption date to eligible investors in accordance with the terms and conditions of the Consent Solicitation, as fully described in the Consent Solicitation Memorandum dated 30 January 2017.
This notice of Early Redemption is irrevocable.
For questions relating to the Early Redemption or consent solicitation, please contact the Solicitation Agent.
Solicitation Agent:
Nordea Danmark, filial af Nordea Bank AB (publ), Sverige: +45 6161 2996,
bibi.larsen@nordea.com / nordealiabilitymanagement@nordea.com
Attachments:http://www.globenewswire.com/NewsRoom/AttachmentNg/d6697083-ffef-4dbc-a148-464de3650c0e
