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Published on 6/16/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

ML 33 bondholders vote to extend 5½% bonds due 2021 by one year

By William Gullotti

Buffalo, N.Y., June 16 – ML 33 Holding AS received 99.59% of the votes in a bondholder meeting regarding the 5½% bonds due 2021 (ISIN: NO0010768492) to amend the notes, according to a regulatory notice.

The bondholders’ meeting was announced June 2 and held Wednesday morning.

The amendment extends the maturity date to Dec. 27, 2022.

Bondholders will receive a 0.5% consent fee, payable June 26.

Arctic Securities AS (+47 21 01 32 71, +47 48 40 32 71, joakim.noraas@arctic.com) served as financial adviser for the amendment.

ML 33 owns, manages and leases real estate properties and is based in Oslo.


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