Testa vår nya webbplats och uppdaterade nyhetsrum för att ta del av aktuella nyheter, rapporter och mycket mer.

Host Property AB (publ) obtains approval from Bondholders regarding certain amendments to the terms and conditions

(including an extension of the terms) of its outstanding senior secured bond loan

Host Property AB (publ) (the "Issuer") has instructed Nordic Trustee & Agency (publ), bond trustee for the Issuer's SEK 500,000,000 senior secured and guaranteed floating rate bonds with ISIN SE0013486057 (the "Bonds"), to instigate a written procedure (the "Written Procedure"). As described in the notice of Written Procedure published by the Issuer on 9 November 2022 and distributed to holders of the Bonds (the "Bondholders"), the Issuer has requested the Bondholders' approval of certain proposed amendments of the terms and conditions of the Bonds, including, inter alia, a two year extension of the terms of the Bonds, increased margin and increased redemption premium (the "Proposal"). The notice of the Written Procedure including a more detailed description of all proposed amendments are available at the Issuer's web page (https://flyingelephant.com/reports#!/tab/226680303-2).

The Issuer hereby announces that the voting period expired today, on 28 November 2022, and that a sufficient number of votes were obtained in order to form a quorum and that 77.3 per cent of the adjusted nominal amount for which Bondholders were voting, voted in favour of the Proposal. It is therefore resolved that the Bondholders have agreed to the Proposal. The decision to accept the Proposal is effective as per today and the terms and conditions of the Bonds will be amended and restated effective from today to reflect the approval of the Proposal (the "Amended and Restated Terms and Conditions". The Amended and Restated Terms and Conditions will be available on the Company's web page https://flyingelephant.com/reports#!/tab/226680303-2.

As stated in the notice of Written Procedure, a consent fee amounting to four (4.00) per cent. of the nominal amount as of today (the "Consent Fee") will be paid to the Bondholders. The Consent Fee will be paid to the Bondholders on a pro rata basis through Euroclear. The record date for payment of the Consent Fee will be 1 December 2022 and the payment will be made on 8 December 2022.

This information is information that Host Property AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation (MAR). The information was submitted for publication through the agency of the contact person set out above at 14:38 CET on November 28, 2022.

Christian Fuhr, Investor Relations, Host Property AB (publ), mob: +47 98 22 85 16, email: [email protected]

Host Property AB (publ) obtains approval from Bondholders regarding certain amendments to the terms and conditions

(including an extension of the terms) of its outstanding senior secured bond loan



Host Property AB (publ) initiates a written procedure to request amendments in respect of the terms and conditions of its listed bonds

Host Property AB (publ) (the "Company") has instructed Nordic Trustee & Agency AB (publ) (the "Bond Trustee") to initiate a procedure in writing (the "Written Procedure") to request the Bondholders' approval for amendments of the terms and conditions (the "Terms and Conditions") of the Company's SEK 500,000,000 senior secured and guaranteed floating rate bonds, ISIN: SE0013486057 (with an aggregate amount outstanding of SEK 343,126,000) (the "Bonds").


3Q 2022 Results



Market update August 2022

Strong development


Invitation to 2Q22 Results Presentation

Investor call with Host Property AB


2Q2022 report


Market update 2Q 2022

Strong activity during the quarter


COMMUNICATION FROM THE ANNUAL GENERAL MEETING IN HOST PROPERTY AB (PUBL)

Today, 27 May 2022, an annual general meeting was held in Host Property AB (publ) (the "Company"). A summary of the resolutions follows.


Följ oss

Om beQuoted

beQuoted publicerar nyheter, analyser och pressmeddelanden för investerare och journalister. Viktiga företagshändelser bevakas av vår egen nyhetsredaktion och vidaredistribueras i ledande finansiella medier.

Vi uppdaterar även nyhetsrum, Investor Relations och IR-webbplatser för företag som vill utveckla sina relationer med finansmarknaden.

Kontakta oss

beQuoted AB
Nybrogatan 34
Box 5216
102 45 Stockholm

08-692 21 90

Om beQuoted