StormGeo notifies trustee for bonds due 2017 of change of control

By Angela McDaniels

Tacoma, Wash., March 27 - StormGeo Holding AS notified the bond trustee for its floating-rate senior bonds due 2017, Norsk Tillitsmann ASA, that a change-of-control event will occur on April 10, according to a notice from the trustee.

The company said it will provide further information once the change-of-control event has occurred.

EQT Mid Market fund agreed to acquire 57.5% of StormGeo's outstanding shares from Reiten & Co. and TV2.

StormGeo is a commercial weather service provider based in Bergen, Norway.

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