PARETO ADVISES VOSTOK NEW VENTURES ON THE SUCCESSFUL PLACEMENT OF A SEK 400 MILLION SENIOR UNSECURED BOND

Pareto Securities AB has advised Vostok New Ventures Ltd., an investment company focused on online marketplaces and businesses with strong network effects, on placing a senior unsecured bond in an amount of SEK 400 million within a framework of SEK 600 million (the “Bonds”). The Bonds, maturing in June 2022, will bear a fixed rate coupon of 6.15 per cent, with interest paid quarterly in arrears. The proceeds from the transaction will be used for general corporate purposes, including investments.

The transaction was well received by the market, with participation primarily from Norwegian and Swedish institutional accounts. Altogether, more than 50 investors participated in the heavily oversubscribed issue, which closed shortly after launch.

Pareto Securities AB acted as Sole Bookrunner in connection with the bond issue.

For more information please contact:
Mats Carlsson, CEO, at +46 8 402 52 86

Pareto Securities is an independent full service investment bank with a leading position in the Nordic capital markets and a strong international presence within the energy sector. Pareto Securities AB offers Swedish and foreign institutions, companies and private individuals investment services related to trading in stocks, shares in SPV’s and fixed income instruments, wide coverage both within equity- and credit research. Furthermore, Pareto Securities corporate finance offers ECM, M&A and DCM services as well as arrangement and syndication of new investment projects, arrangement and syndication of sale and leaseback structures within real estate, infrastructure and shipping/offshore. Pareto Securities AB is part of the Pareto Securities group and is headquartered in Oslo, Norway, with more than 400 employees located in offices in Norway, Sweden, Denmark, Finland, United Kingdom, France, Germany, USA, Singapore and Australia.