B2Holding ASA is contemplating bond buy-back

B2Holding ASA (the “Company”) has been approached by a large bondholder in B2H01 (ISIN NO 0010753072) maturing on 8 December 2020, who has offered the Company to acquire bonds in B2H01. According to an approval from the Company’s Board of Directors, the Company may acquire and own up to EUR 75 million in B2H01. With reference to the press release dated 23 March 2020, the Company acquired EUR 16.4 million in B2H01, which also is the Company’s current holding. 

With the above background, the Company is inviting all bondholders in B2H01 to sell their respective bonds at a price equal to 100% of par value plus accrued unpaid interest, subject to a maximum aggregate buyback volume of EUR 58.6 million (in nominal amount). Should the aggregate buyback volume exceed this amount, the buy-back will be carried out on a pro-rata basis. 

Due date for submitting interest is 13:00 on Monday 11 May, 2020, or later in the sole discretion of the Company.

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act).

For submitting interest, please contact:
Nils-Jørgen Fimland, Head of High Yield Sales at DNB Markets
+47 906 02 114
nils-jorgen.fimland@dnb.no


For further information, please contact: 
 
Rasmus Hansson   
Head of M&A and Investor Relations, B2Holding ASA  
Mobile: +47 952 55 842  
E-mail: rh@b2holding.no