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Published on 3/1/2018 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Ulna to redeem all NOK 40 million 8% senior secured bonds due 2020

By Sarah Lizee

Olympia, Wash., March 1 – Ulna AS intends to redeem all NOK 40 million of its 8% senior secured bonds due September 2020, according to a notice from trustee Nordic Trustee AS.

The bonds will be redeemed at 102% of par plus accrued interest up to the settlement date of April 16.

The bonds were originally issued in September of 2017.

Ulna is an Oslo-based company that operates preschools in Norway, Sweden and Germany.


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