Fiven ASA announces intention to redeem its outstanding EUR 110m bonds
PRESS RELEASEOslo, 21st June 2024 As announced on 4 June 2024, OpenGate Capital, the ultimate shareholder of Fiven ASA ("Fiven"), has entered into a binding agreement for the sale of Fiven to Kymera International, LLC, a portfolio company of Palladium Equity Partners, LLC (the "Acquisition"). The terms of the agreement were not disclosed. In connection with the closing of the Acquisition, Fiven intends to redeem its outstanding EUR 110,000,000 senior secured sustainability-linked floating rate bonds with ISIN SE0021148764 (the "Bonds") in accordance with clause 9.3 (Special