Listing prospectus for Delete Group Oyj's EUR 85 million notes available
DELETE GROUP OYJ, STOCK EXCHANGE RELEASE 19 April 2018 at 08:00 EET
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO ANY JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
Delete Group Oyj issued on 19 April 2017 senior secured notes in the amount of EUR 85 million primarily to institutional investors (the "Notes"). The four-year loan rate is based on the three-month EURIBOR rate and the loan margin is 5 per cent. In the loan terms it has been committed to list the notes on Nasdaq Helsinki Ltd's stock exchange list. The Notes include a possibility to issue, on one or more occasions, additional notes in the amount of up to EUR 45 million.
The Finnish Financial Supervisory Authority has on 17 April 2018 approved the English language listing prospectus of the Notes. The prospectus is available on the company's website at https://deletegroup.fi/en/investors/credit-facilities/senior-secured-bond/. The summary of the listing prospectus has been translated into Finnish.
On 16 April 2018, Delete Group Oyj applied for the Notes to be listed on Nasdaq Helsinki Ltd. Public trading on the Notes is expected to commence today 19 April 2018 under the trading code "DELJVAIH21". The proceeds from the Notes have been applied towards repayment of the existing indebtedness of the group and towards general corporate purposes of the group.
For more information, please contact
DELETE GROUP OYJ
Ville Mannola, CFO
phone: +358 400 357 767
email: ville.mannola@delete.fi
Distribution:
Nasdaq Helsinki Ltd
Main media
Disclaimer
This announcement is for information purposes only and is not to be construed as an offer to purchase or sell or a solicitation of an offer to purchase or sell with respect to any securities of Delete Group Oyj. No actions have been taken to register or qualify the Notes, or otherwise to permit a public offering of the Notes, in any jurisdiction.
The distribution of this announcement may, in certain jurisdictions, be restricted by law. This announcement and any material or documentation related to the issuance of the Notes may be received only in compliance with applicable exemptions or restrictions. This announcement and any such material or documentation may not be distributed or published in any jurisdiction if to do so would constitute a violation of the relevant laws of such jurisdiction or would require actions under the laws of such jurisdiction. Persons into whose possession this announcement or any such material or documentation may come are required to inform themselves of and observe all such restrictions. Neither Delete Group Oyj nor the sole bookrunner nor their representatives accept any legal responsibility for any violation by any person, whether or not the persons contemplating investing in or divesting Delete Group Oyj's securities including the Notes are aware of such restrictions.
Any securities mentioned herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) and any such securities may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of any U.S. person (as such terms are defined in Regulation S under the Securities Act).
Ville Mannola, CFO
DELETE GROUP OYJ
phone: +358 400 357 767
email: ville.mannola@delete.fi
Delete is one of the leading environmental full-service providers in the Nordic countries. The Group offers business-critical services that require specialist competences and specialized equipment through three business segments: Industrial Cleaning Services, Demolition Services, and Recycling Services.