Sunborn Finance Oyj– Bond delisting/relisting process
Press release, 22 August 2023
Sunborn Finance Oyj – Financial Statements Q2 2023 and Bond delisting/relisting process
As announced, Sunborn Finance Oyj (the “Company) is publishing today, 22 August 2023, the Financial Statements for the Second Quarter of 2023.
Additionally, the Company is informing that it has become aware that its senior secured bond (the “Bond”) (ISIN: FI4000292750) has been inadvertently delisted from Nasdaq Helsinki without taking into account the extension of its maturity date until 9 February 2024. Despite the delisting, the Company has complied with all its disclosure duties as if the Bond had been listed and the Bond continues to be traded over the counter on the secondary market.
After becoming aware of the delisting of the Bond and having investigated the matter, the Company immediately started preparations to have the Bond relisted on Nasdaq Helsinki. The Company has already filed an updated prospectus for the Bond with the FIN-FSA and expects the relisting on Nasdaq Helsinki to take place shortly.
Sunborn Finance Oyj
Board of Directors
For further information, please contact:
Hans Niemi, CEO Telephone: Finland +358 (0) 24454513 Email: hans.niemi@sunborn.com
Xavier Valero, (Executive Vice President) Email: xavier.valero@sunborn.com
Distribution
Nasdaq Helsinki Ltd
Key Media
Disclosure regulation
Disclaimer
The information contained in this release shall not constitute an offer to sell or the solicitation of an offer to buy securities of Sunborn Finance Oyj in any jurisdiction.
About Sunborn Finance Oyj
Sunborn Finance in brief
Sunborn Finance is a public limited liability company incorporated in Finland and established in 2017. The company owns the award winning Naantali Spa Hotel located in Naantali by the Baltic Sea and Ruissalo Spa Hotel located in Turku by the scenic Finnish archipelago. Sunborn Finance also provides property management and IT support services.
The company is owned by the Niemi family, which also controls the Sunborn Group. Sunborn Group’s focus is on the development of luxury spa and yacht hotels, restaurants and other high-quality property, with 50 years of expertise in the hospitality sector.
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