Neptunia Invest successfully solicits approval via written procedure

Chicago, Sept. 27 – Neptunia Invest AB announced the successful completion of its written procedure that started Sept. 15 for its SEK 300 million senior secured floating-rate bonds due 2024 (ISIN: SE0013888120), according to a press release.

A sufficient number of bondholders participated in the written procedure to form a quorum, and the requisite majority of bondholders voted in favor to approve the proposal.

An early bird fee of SEK 6,250 per SEK 1.25 million bond will be paid to bondholders who delivered valid voting instructions by 6 a.m. ET on Sept. 24, whether for or against the proposals.

Each eligible bondholder will receive a consent fee of SEK 15,625 per bond if the fee conditions are satisfied or waived, payable by Dec. 15.

To receive the early consent fee, bondholders had to submit a voting form to the solicitation agent.

The company needed a quorum of at least 50% and then a majority of at least 66 2/3% had to vote for the proposals.

The written procedure was scheduled to end on Oct. 11.

Nordea Bank Abp is the solicitation agent (+45 6161 2996, NordeaLiabilityManagement@nordea.com).

Neptunia is a Swedish investment company with Nordic ownership.

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