Issue of series A bonds by the company Arctic Paper S.A.

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Issue of series A bonds by the company Arctic Paper S.A.

The Management Board of Arctic Paper S.A. (the "Company") informs investors, referring to point 2 and 4 of current report No. 20/2016 "Conclusion by the company Arctic Paper S.A. of material agreements related to the refinancing process" published on 9 September 2016, that on 30 September 2016 (the "Issue Date") the Company issued 100,000 series A bonds in a private placement as part of the programme of the issue of bonds up to the amount of PLN 150,000,000 dated 9 September 2016 (the "Bonds"). The Bonds were issued on the following legal basis: (i)     Art. 33 point 2 of the Act on Bonds of 15 January 2015; (ii)     resolution of the Company's management board No. 1/05/2016 dated 4 May 2016; (iii)     resolution of the Company's supervisory board No. 11/04/2016 dated 28 April 2016; (iv)     resolution of the Company's management board No. 1/09/2016 dated 22 September 2016; and (v)     resolution of the Company's management board No. 2/09/2016, dated 23 September 2016. The purpose of the issue was not specified in the terms and conditions of the Bonds, but the Company intends to use the proceeds from the Bonds' issue for refinancing existing liabilities. The bonds were issued as unsecured dematerialised bearer bonds. The total nominal value of the Bonds is PLN 100,000,000, and a nominal value of each of the Bonds is PLN 1,000. The issue price of the Bonds is equal to their nominal value. The Bonds will be redeemed on 31 August 2021 or on an early redemption date (the "Redemption Date"). Parallel debt, concerning, in particular, receivables of the bondholders (who entered into the intercreditor agreement) under the Bonds, will be secured pursuant to the intercreditor agreement executed by the Company, in accordance with point 4 of current report No. 20/2016. The Bonds were registered by Krajowy Depozyt Papierów Wartościowych S.A. (National Depositary for Securities). The Bonds will bear interest starting from the date following the Issue Date and until the Redemption Date (including that date). The Bonds will bear interest according to a variable interest rate equal to the sum of WIBOR 6M rate and the margin the amount of which will depend on the net debt to EBITDA ratio. The interest on the Bonds will be paid semi-annually. The terms of issue of the Bonds do not provide for any non-pecuniary performances. The Company's intention is to introduce the Bonds into trading in the alternative trading system run by Giełda Papierów Wartościowych w Warszawie S.A. and/or BondSpot S.A. The terms of issue of the Bonds provide for a bondholders' meeting. For additional information, please contact: Per Skoglund, acting President of the Management Board of Arctic Paper, tel. +46 733 21 70 09 This information is disclosed pursuant to Art. 17 sec. 1 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC. and was submitted for publication on 14 September 2016 at 3:30 pm CET, in reference to Arctic Paper’s current report no. 24/2016 filed with the Warsaw Stock Exchange

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Lawsuit Highlights Inaction in School Bus Tragedy

Updated Category News Views 3

Seeking Justice Amid Heartbreak Tragedy rarely arrives whispered on the wind—more often, it's the train wreck some saw coming long before it hits. The tragic death of Jenna Menias, a 6-year-old from Frankfort, Illinois, falls squarely in this camp. The family's legal lions, Corboy & Demetrio, have slapped two school districts—District 210 and 157-C—with a wrongful...

Continue Reading
Monteverde's Equity Alert: Scrutinizing Recent M&A Deals

Updated Category News Views 6

Diving Into M&A Deals Under Monteverde's Lens Wall Street’s not just about suits and skyscrapers; it’s about the nitty-gritty of deals and whether those numbers add up in the investor's favor. So, when Monteverde & Associates PC throws its weight into scrutinizing mergers and acquisitions, you better believe it's worth a second look. See, they’re digging into four...

Continue Reading
Monteverde Probes Four Key M&A Deals for Fairness

Updated Category News Views 6

Examining the Intricacies of Pending M&A The merger and acquisition landscape can be vicious, especially when the sharks—those pesky class action lawyers—start circling. And let me tell you, Monteverde & Associates PC is diving headfirst into the fray, launching inquiries into a handful of these deals. This isn't your first stroll down Wall Street if you’ve seen one...

Continue Reading
Power Knot MEA Wins THE BIZZ 2026 for Excellence

Updated Category News Views 3

Setting the Pace in Waste Management If there's one thing that sticks in my craw, it's how businesses handle food waste. Power Knot Middle East (PKME) seems to have cracked the code by not just leading the charge in organic waste management but also bagging THE BIZZ 2026 award. They’re not just playing industry games; PKME's pulling the strings with real leadership and...

Continue Reading
Black Culture Icon: Plastic-Covered Couch Takes Stage

Updated Category News Views 3

A Plastic-Laden Piece of History Makes Art Who'd have thought a plastic-covered couch would turn into a cultural artifact? This iconic staple in Black households has done just that, debuting at Brooklyn's CultureCon in a fresh guise. It's more than just an upcycled furniture piece; it's a living archive that encapsulates Black culture, joy, and resilience. The Heart...

Continue Reading
SiBionics and PharmaSens Unveil Diabetes Tech at EASD

Updated Category News Views 3

Shaking Up Diabetes Care: New Tech Unveiled Imagine a world where managing diabetes isn't a juggling act with multiple devices. That's precisely the future SiBionics and PharmaSens are pitching at the European Association for the Study of Diabetes (EASD) 2026 in Milan. Now, let me tell you, these guys aren't just playing around with ideas; they're aiming to radically...

Continue Reading
Class Action Alerts: M&A Under Scrutiny

Updated Category News Views 4

Unpacking Monteverde's M&A Investigations Hold your horses, folks! The M&A Class Action Firm is stirring the pot with its latest inquiries into some high-profile mergers. We're looking at Lisata Therapeutics, Flag Ship Acquisition Corporation, Baldwin Insurance Group, and ACV Auctions. So what's got Juan Monteverde's legal eagles swooping in on these deals? Well, are we...

Continue Reading
ARTBOX Brings Korean Lifestyle Magic to LA Pop-Up

Updated Category News Views 5

ARTBOX: From Seoul to La-La Land Here's what caught my eye. It's 2026, and Korean lifestyle retailer ARTBOX is making a splash in the U.S.—kicking things off with a pop-up in LA. Now, usually, I'd be skeptical about pop-ups, but you've got to admire the audacity and timing here. They've picked Melrose Avenue, a hotspot for all things trendy, to introduce their mix of...

Continue Reading
Monster Energy Dominates Skateboard Podium at SLS Paris

Updated Category News Views 5

Monster Energy's Skateboard Triumph Hold the front page, because Monster Energy just pulled off a clean sweep in Paris. The company's team riders dominated the Men's Skateboard Street competition at the SLS Paris 2026, with the iconic Nyjah Huston snagging the top spot. It's a story filled with triumph, grit, and a dash of raw talent in a vibrant field of international...

Continue Reading
Blokees Unveils 90+ New Wonders at Shanghai Fest

Updated Category News Views 3

A Grand Stage for New Arrivals Picture this: In the bustling and glittering chaos that was the Wonder Festival Shanghai 2026, held from October 3 to 4, Blokees laid down a major marker. More than 500 products, an artillery of imagination and craftsmanship, were on deck across their key lines—Blokees Model Kits and BLOKEES WHEELS. With 90 brand-new creations making their...

Continue Reading

Top 5 Most Recently Viewed Articles

Exploring PBK Miner: Pioneering Sustainable Cloud Mining Solutions

Updated Category News Views 190

Discover PBK Miner’s Innovative Approach to Cloud Mining PBK Miner has emerged as a frontrunner in revolutionizing the cryptocurrency mining arena through its unique cloud mining contracts. This UK-based company has designed an innovative platform that enables users to effortlessly increase their income by accumulating cryptocurrency, making it easier than ever to build...

Continue Reading
Tesla Delivery Challenges Highlight Growing Market Competition

Updated Category News Views 439

Tesla's First Annual Delivery Decline Raises Industry Concerns Tesla (NASDAQ: TSLA), the well-known electric vehicle manufacturer, has faced its first-ever annual decline in vehicle deliveries. In the recent period, the company delivered 1.79 million vehicles, slightly lower than the 1.81 million units delivered the previous year. This downturn is unexpected for a brand...

Continue Reading
Therrel Baisden LLP: Celebrating a Century of Legal Excellence

Updated Category News Views 235

Therrel Baisden LLP Marks a Remarkable 100-Year Journey Therrel Baisden LLP, one of Florida’s esteemed boutique estate and trust law firms, is joyously commemorating its centenary. With a rich history of unmatched legal services, the firm has successfully catered to a diverse clientele, both domestically and internationally. A Legacy of Legal Excellence At the heart of...

Continue Reading
Nature's Path Elevates Leadership to Drive Growth Strategy

Updated Category News Views 153

Nature's Path Elevates Leadership for U.S. Growth Nature's Path Organic Foods, the prominent name in organic breakfast and snack foods in North America, has made a significant move by appointing Laura S. Chamberlain as their new Chief Customer Officer (CCO). This newly created role is set to enhance the company's commitment to growth within the U.S. market while nurturing...

Continue Reading
Iovance Biotherapeutics Set for Key Earnings Announcement

Updated Category News Views 232

Iovance Biotherapeutics Set for Key Earnings Announcement Iovance Biotherapeutics (NASDAQ: IOVA) is gearing up for its upcoming quarterly earnings report, and investors are keenly interested in what it has to offer. As anticipated, this announcement is set to unveil critical financial insights that could influence the company's future trajectory. Understanding Earnings...

Continue Reading