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Oslo Bors’ NOK 450 million bonds putable after change of control
By Wendy Van Sickle
Columbus, Ohio, June 14 – Oslo Bors VPS Holding ASA’s NOK 450 million bonds are subject to a put option as a result of a change-of-control event, according to a notice filed with the London Stock Exchange.
Holders may require the issuer to purchase some or all of their bonds at 101 plus accrued interest.
The change-of-control event is a result of Euronext NV holding more than 50% of the outstanding shares and voting rights of Oslo Bors as of Friday.
The issuer is based in Oslo and is a result of a merger between Oslo Bors Holding ASA, a holding company that owned Oslo Stock Exchange of Norway from 2001 to 2008, and Verdipapirsentralen.
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