Sunborn Finance Oyj – Approval of written procedure and amendments to the terms and conditions of the bonds
ISIN FI4000292750 – Sunborn Finance Oyj EUR 50,000,000 Senior Secured Callable Floating Rate Bonds 2018/2024
Sunborn Finance Oyj (the "Company") today announces the successful completion of the written procedure that was initiated 11 October 2024 in relation to the Company's outstanding EUR50,000,000 senior secured bonds with ISIN FI4000292750 (the "Bonds"), regarding certain amendments to the terms and conditions of the Bonds (the "Request").
A significant number of bondholders participated in the written procedure in order to form a quorum, and a requisite majority of the bondholders voted in favour of approving the Proposal. The Company is extremely grateful for bondholders’ overwhelming support.
The Request will be adopted according to the voting requirements of the Terms and Conditions and as set out in the notice of written procedure.
For further information, please contact:
Hans Niemi, CEO
Telephone: Finland +358 followed by 2445 4514
Email: hans.niemi@sunborn.com
This information is information that Sunborn Finance Oyj is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 15:51 (CEST) on 6 November 2024.
About Sunborn Finance Oyj
Sunborn Finance is part of the Sunborn Group, which is 50 years old, privately owned group of companies based in Finland, with decades of experience in the hospitality sector. Sunborn's focus is on the development of luxury spa and yacht hotels, restaurants and other high-quality property.
Sunborn is present at the moment in Finland, Denmark, United Kingdom and Gibraltar. Operations vary from spa resorts and residential communities to hotels and yacht hotels, restaurants, and catering operations in the best locations.
Attachments
Subscribe to our company announcements
Keep up to date with our company announcements by subscribing.
Visit our pressroom and see more company announcements from us.
Our pressroom