Oslo Bors VPS to issue request for written resolution regarding bond issue

Maria Nikolova

The objective is to redeem outstanding bonds following Oslo Bors’ acquisition by Euronext.

Oslo Børs VPS Holding ASA says it will today issue a request for a written resolution for the bond issue with ISIN NO0010822455. The objective is to redeem outstanding bonds.

Danske Bank has been engaged as advisor for the process.

On June 14, 2019, Euronext NV (EPA:ENX) acquired Oslo Bors VPS ASA (the Issuer) and change of control occurred. Bondholders holding NOK 137 million exercised their right to put bonds at a price of 101% plus accrued interest. Following this, the remaining outstanding bonds amount to NOK 313 million. The Issuer would like to redeem the remaining outstanding bonds as soon as possible.

More details may be found in this document.

In June this year, Euronext announced that it has completed settlement of shares under its offer for the share capital of Oslo Børs VPS. Euronext estimates that it now owns 97.8% of the total issued and outstanding share capital of Oslo Børs VPS and will fully consolidate Oslo Børs VPS accounts.

As per the unconditional offer launched in May, Euronext offered NOK 158 plus a fixed interest payment of NOK 3.21 per share for all issued and outstanding shares in Oslo Børs VPS not already owned by Euronext. Euronext’s shareholders had earlier voted in favour of Euronext’s acquisition of up to 100% of Oslo Børs VPS’s capital during the General Meeting of Shareholders. The shareholders’ approval was the last major condition to complete the transaction, since most of the other condition precedents highlighted in Euronext’s offer document were already met, including the clearance received from the Norwegian Ministry of Finance.

Read this next

blockdag

BlockDAG aka Kaspa’s Toughest Competitor Releases DAGpaper, Lightes Up The Las Vegas Sphere Pulling Shiba Inu Investors & Amassing $16.4M in Presale

BlockDAG, emerging as a Kaspa competitor, unveils its DAGpaper, spotlighting the Las Vegas Sphere and captivating Shiba Inu investors with a $16.4M presale success.

Fundamental Analysis

Global FX Market Summary: USD, ECB, Gold, Oil  April 12 ,2024

A strong US economy, cautious Fed policy compared to Europe, and safe-haven demand are all fueling the surge of the US Dollar.

Digital Assets

Thai crypto exchange Bitkub eyes $3 billion valuation

Thailand’s largest cryptocurrency exchange Bitkub is gearing up for a public offering next year with a potential valuation of up to $3 billion, according to Bitkub Capital Group CEO Jirayut Srupsrisopa.

Technical Analysis

GBPUSD Technical Analysis Report 12 April, 2024

GBPUSD currency pair can be expected to all further toward the next support level 1.2400, target price for the completion of the active minor impulse wave.

Market News

Navigating Currency Trends: Extensive Analysis on EUR/USD Signal

Traders Union provides comprehensive daily analysis and signals for EUR/USD.

Retail FX

Axi extends sponsorship of Brazilian Esporte Clube Bahia

Forex and CFD broker Axi has just announced they’re extending their sponsorship with Brazilian Serie A team Esporte Clube Bahia into the 2024 season.

Digital Assets

Binance-backed Gopax narrows losses amid strong crypto trading

Binance-backed cryptocurrency exchange Gopax reported lower net losses for 2023, according to its parent company Streami’s year-end financial report.

Chainwire

99Bitcoins Launches Learn-To-Earn Presale and Raises $150K On First Day

99Bitcoins, established in 2013, has recently begun its token presale in an effort to harness the current upward trend in Bitcoin’s value. The 99BTC team, seizing this opportunity, offers its learn-to-earn platform, a longstanding resource in cryptocurrency education.

Reviews

Brokeree Solutions Review

Brokeree Solutions is an international provider of innovative technological solutions for multi-asset brokers worldwide. The company specializes in high-grade solutions development, including flagship Social Trading, PAMM, Prop Pulse, and Liquidity Bridge. With 10 years of industry expertise and an extensive product portfolio, Brokeree Solutions offers technologies covering almost any broker’s needs.

<