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Published on 11/25/2019 in the Prospect News High Yield Daily.

New Issue: Vostok New Ventures adds on to bond loan with SEK 100 million

Chicago, Nov. 25 – Vostok New Ventures Ltd. increased its bond loan by SEK 100 million, raising the total amount outstanding to SEK 650 million, according to a press release.

The subsequent issue priced at 101.5.

Proceeds will be used for general corporate purposes.

Pareto Securities AB acted as bookrunner.

The issuer is a Stockholm-based investment company.

Issuer:Vostok New Ventures Ltd.
Issue:Senior bond loan
Amount:SEK 100 million add-on
Maturity:2022
Coupon:5¾%
Price:101.5
Bookrunner:Pareto Securities AB
Announcement date:Nov. 25
Settlement date:Nov. 28
Listing date:Dec. 3
Total amount outstanding:SEK 650 million with add-on

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