Prosafe SE: Prosafe bond buy-back
(Thomson Reuters ONE) -
Prosafe SE is contemplating a buy-back of up to NOK 500 million nominal
outstanding amount of PRS07 (ISIN: NO0010600299) senior unsecured bonds maturing
25 February 2016.
The buy-back will be conducted as a "reverse Dutch auction", where Prosafe SE,
through the Manager, will receive offers for desired volume(s) at desired
price(s) for sale from the bondholders on a confidential basis.
All bondholders (subject to legal constraints, if any) are hereby invited and
are eligible to provide offers for sale of all or a portion of their bonds
through submission of the attached bondholders offer form (the "Bondholders
Offer Form").
Due date for submission is 16:00 CET 5 March 2015. Prior to 09:00 CET 6 March
2015, Prosafe SE will decide upon an eventual buy-back price (the "Buy-Back
Price") and consequently the total amount of PRS07 bonds purchased. All
bondholders with offers equaling the Buy-Back Price or lower will receive the
Buy-Back Price on amounts offered within the price range. Cash settlement
including accrued interests is set to 10 March 2015.
Nordea Markets is acting as Manager for the buy-back.
All submissions of Bondholders Offer Form are to be sent by e-mail to Nordea
Markets, Debt Capital Markets no later than 16:00 CET 5 March 2015, represented
by:
* Kristoffer Sletten, e-mail: kristoffer.sletten(at)nordea.com
For more information, please contact sales representatives at Nordea Markets:
* Kristoffer Johansen, tel: +47 2248 7717, e-mail:
kristoffer.johansen(at)nordea.com
* Stein Morten Sæther, tel: +47 2248 7876, e-mail:
stein.morten.sather(at)nordea.com
Prosafe is the world's leading owner and operator of semi-submersible
accommodation vessels. Operating profit reached USD 248.3 million in 2014 and
net profit was USD 178.8 million. The company operates globally, employs 650
people and is headquartered in Larnaca, Cyprus. Prosafe is listed on the Oslo
Stock Exchange with ticker code PRS. For more information, please refer to
www.prosafe.com
Attachment: Bondholders Offer Form
Larnaca, 26 February 2015
Georgina Georgiou, General Manager
Prosafe SE
For further information, please contact:
Cecilie Helland Ouff, Senior Manager - Finance and Investor Relations
Prosafe AS
Phone: +47 51 64 25 20 / +47 99 10 94 67
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
Bondholders Offer Form:
http://hugin.info/64729/R/1897732/673620.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Prosafe SE via GlobeNewswire
[HUG#1897732]
Unternehmensinformation / Kurzprofil:
Datum: 26.02.2015 - 15:27 Uhr
Sprache: Deutsch
News-ID 374593
Anzahl Zeichen: 3362
contact information:
Town:
Larnaca
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 185 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Prosafe SE: Prosafe bond buy-back"
steht unter der journalistisch-redaktionellen Verantwortung von
Prosafe SE (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
