Aker Horizons ASA Reports Status of Convertible Bond Buy-Back
Aker Horizons ASA, known for its innovative approach in the sustainable energy sector, recently announced the outcome of its buy-back offer concerning its Convertible Bonds. The company issued an initial announcement that detailed the launch of this buy-back offer, focusing on the bonds issued for the 2021/2026 period.
Details of the Buy-Back Offer
The buy-back offer was specifically addressed to the Convertible Bonds that are listed under the ISIN NO0010921596. However, it was revealed that no bonds were acquired during this offer period. As it stands, there remains a substantial amount of NOK 1.6 billion in Convertible Bonds that are still outstanding. Among these, NOK 1.3 billion is held by Aker Capital AS, which plays a significant role in the company’s capital structure.
Management of the Offer
DNB Carnegie, a well-known entity associated with DNB Bank ASA, took on the responsibility of managing the buy-back offer. Their expertise in handling bond transactions has been invaluable to Aker Horizons as they navigate this aspect of their financial commitments.
Investor Communication
For stakeholders and interested parties seeking further information, Jonas Gamre is the designated contact for Investor Relations. He can be reached via telephone for any inquiries regarding the company's financial status and ongoing projects.
Aker Horizons ASA is dedicated to ensuring transparent communication with investors, reinforcing its commitment to maintain a solid relationship with those who have vested interest in the company’s growth and performance.
Important Notes
This announcement does not serve as an offer to sell or acquire securities, not intended as a solicitation for offers in any prohibited jurisdiction. The details provided are meant for informational purposes only and should not be seen as comprehensive. Investors are advised to be aware of the legal restrictions that may apply to this communication depending on their location.
Conclusion
In summary, while Aker Horizons ASA has declared its buy-back offer for the Convertible Bonds, the lack of acquired bonds illustrates the fluid nature of financial markets. As the company continues to operate within the shifting landscape of sustainable energy investments, stakeholders remain keenly interested in how these developments will impact future financial strategies and decisions.
Frequently Asked Questions
What is the status of Aker Horizons' buy-back offer?
No bonds were acquired during the recent buy-back offer, and NOK 1.6 billion remains outstanding.
Who managed the buy-back offer for Aker Horizons?
DNB Carnegie, part of DNB Bank ASA, acted as the Manager for the buy-back offer.
What is the significance of the Convertible Bonds for Aker Horizons?
The Convertible Bonds are an essential part of Aker Horizons' finance structure, with substantial value still pending in circulation.
Can investors contact Aker Horizons for more information?
Yes, investors can reach out to Jonas Gamre for Investor Relations inquiries regarding the company and its financial matters.
What is Aker Horizons' commitment to transparency?
The company is dedicated to maintaining open communication with stakeholders to foster trust and provide updates on financial developments.
