Forchem redeems its EUR 70 million bonds

Forchem Plc (“Forchem”) has decided to exercise the option to redeem its EUR 70 million senior secured callable bonds issued on 2 July 2015 with ISIN FI4000161906 (the “Bonds”) in accordance with the terms and conditions of the Bonds.

The redemption will be made on 10 May 2019 for the full outstanding amount in accordance with the terms and conditions of the Bonds. The redemption amount for each Bond shall be 101.47 per cent of the outstanding nominal amount of each Bond, plus accrued but unpaid Interest. The notice of early redemption is given to the holders of the Bonds in accordance with the terms and conditions of the Bonds.

The Bonds have been listed on the corporate bond list maintained by Nasdaq Helsinki Ltd since 30 June 2016. After the redemption of the Bonds, Forchem will apply for delisting of the Bonds from Nasdaq Helsinki Ltd.

Forchem will make a separate announcement regarding the decision of Nasdaq Helsinki Ltd and the subsequent delisting of the Bonds on or about 10 May 2019.

DISTRIBUTION:
Nasdaq Helsinki Ltd
Key media
www.forchem.com

Announcement in PDF

 

For more information:

Forchem Oyj

Henrik Lindegrén, CFO, tel. +358 44 032 1075, henrik.lindegren@forchem.com

Risto Näsi, CEO, tel. +358 50 315 1585, risto.nasi@forchem.com