Sunborn London Oyj FRN Senior Secured EUR 32 million Bonds 2016/2021 (ISIN: NO0010775141) - Call Notice
Information to Bondholders – exercise of Call Option
ISIN: NO0010775141 - Sunborn London Oyj FRN Senior Secured EUR 32 million Bonds 2016/2021
Nordic Trustee AS acts as bond trustee (the “Bond Trustee”) for the bondholders in the above-mentioned bonds (the “Bonds”) where Sunborn London OYJ is the issuer (the “Issuer”).
All capitalized terms used herein and not otherwise defined herein shall have the meanings assigned thereto in the bond terms originally dated 22 September 2016 as amended on 30 April 2020 and as amended and restated on 20 January 2021 (the “Bond Terms”).
The Issuer has notified the Bond Trustee today that it will exercise the Call Option and redeem all Outstanding Bonds in full in accordance with the Bond Terms, item (a), subparagraph (i) of Clause 10.7, as follows:
Record Date: 23 September 2021 (end of business)
Settlement Date: 27 September 2021
Call price: 100.00 per cent of the Nominal Amount, plus accrued and unpaid interest
Nordic Trustee AS
Vivian Trøsch
About Sunborn London Oyj
Sunborn London is part of the Sunborn Group, which is over 40 years old, privately owned group of companies based in Finland, with decades of experience in the hospitality sector. Sunborn's focus is on the development of luxury spa and yacht hotels, restaurants and other high-quality property.
Sunborn is present at the moment in Finland, Denmark, United Kingdom and Gibraltar. Operations vary from spa resorts and residential communities to hotels and yacht hotels, restaurants, and catering operations in the best locations.
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