Corporate BondRegulatory Releases

Final outcome from written procedure in West Atlantic AB (publ)

By November 17, 2015 No Comments

On November 2, 2015 a notice to bondholders’ meeting by way of procedure in writing was sent to the bondholders in West Atlantic AB (publ) (the “Company”) bond issue with ISIN SE0005133360 (the “Bonds”). The time for replies expired on November 16, 2015 and a sufficient number of votes were obtained to form a quorum and the proposed resolution obtained 100% of the votes. The terms and conditions of the Bonds will therefore be amended as set out in the notice to the written procedure; accordingly the Bonds may be redeemed by the Company at any time, in exchange for full interest compensation (make-whole provision) adjusted to net present value calculations, up to and including the previous first call date, May 9 2016.

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