Vostok New Ventures initiates a written procedure with the

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
134
Vostok New Ventures initiates a written procedure with the aim of amending the terms and conditions of its SEK 300 million senior secured bond loan

Stockholm, 2017-06-01 08:00 CEST (GLOBE NEWSWIRE) --  

Vostok New Ventures Ltd. (the ” Company ”) has today initiated a written procedure in order to amend the terms and conditions of its outstanding SEK 300 million bond loan 2016/2019 (the “ Terms and Conditions ”) (the “ Bond Loan ”). Bondholders will be requested to vote to amend the Terms and Conditions to permit the issuance of new unsecured debt ranking pari passu with the existing Bond Loan  and to permit the Company to postpone the maturity date of the loan provided to Delivery Hero Holding GmbH (now named Delivery Hero AG). Provided the amendment is approved by the required majority of bondholders in accordance with the written procedure, the Company will pay a consent fee to all existing bondholders under the Bond Loan.

Concurrently, the Company has mandated Pareto Securities to approach investors concerning the potential issue of a new senior unsecured SEK-denominated bond. The transaction remains subject to inter alia the successful completion of the written procedure and prevailing market conditions.

Notice to the written procedure containing further details about the proposed amendment to the Terms and Conditions as well as information concerning the voting procedure will be made available on the Company’s website http://www.vostoknewventures.com .

For further information please contact: Björn von Sivers, Investor Relations: +46 (0)8 545 015 50

Vostok New Ventures Ltd, formerly Vostok Nafta Investment Ltd, is an investment company with the business concept of using experience, expertise and a widespread network to identify and invest in assets with considerable potential for value appreciation. The company has a special focus on online marketplaces and businesses with strong network effects. The Swedish Depository Receipts (SDRs) of Vostok New Ventures are listed on Nasdaq Stockholm, Mid Cap segment, with the ticker VNV SDB. For more information on Vostok New Ventures, visit www.vostoknewventures.com .

This information is information that Vostok New Ventures Ltd is required to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08.00 CEST on June 1, 2017.

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Japanese Craftsmanship Shines at Kyoto Exhibition

Updated Category News Views 8

Kyoto's Artistic Fiesta: Tradition Meets Innovation In the soul of Kyoto, where ancient temples brush shoulders with bustling streets, the "Mastery of Touch, Mystery of Time" exhibition unfolded like a well-worn storybook, revealing page after page of Japan's enduring craftsmanship. Held at the stately Kyoto State Guest House on November 7-8, 2026, this exclusive...

Continue Reading
Winterproofing Your Home: Simple Tips to Save Money

Updated Category News Views 21

Winter Is Coming: Time to Prep Your Home When it’s cold enough to freeze a dog's nose, the last place you want a surprise is in your own cozy corner of the world. Quality Heating, Cooling, Plumbing & Electric, the whiz-kids from Glenpool, Oklahoma, are out with some pointers for keeping your house peachy all through winter's tests. We’re talking ways to dodge frozen...

Continue Reading
DeFi Tech Q3 2026: Navigating Cash Strong Waters

Updated Category News Views 18

DeFi Technologies: Holding Steady as Markets Sway DeFi Technologies Inc. has just thrown its quarterly earnings into the ring. With $18.3 million in revenue and a net income of $22.3 million, this digital asset dynamo is showing signs of resilience, even as the financial seas continue their wild dance. For those of us watching the NASDAQ:DEFT like hawks, these figures...

Continue Reading
Zoomlion Unveils AI-Powered Gear at bauma CHINA 2026

Updated Category News Views 48

Setting the Stage for AI in Construction Now here's a scene that's hard to ignore—Zoomlion strutting its stuff at bauma CHINA 2026, putting over 60 examples of its AI-powered, new-energy technologies front and center. It's not every day we see a massive leap this big in the industry, and this November in Shanghai, Zoomlion's got plans to make sure we don't quickly...

Continue Reading
Biodiversity Monitoring Poised for $11.39 Billion Boom

Updated Category News Views 41

A Billion-Dollar Market on the Rise Picture this: you're watching the world make a monumental shift towards sustainability in real-time. The biodiversity monitoring market is on a gallop, poised to grow from a modest USD 7.17 billion in 2026 to a hearty USD 11.39 billion by 2031. That's a CAGR of 9.7%—a pace that soothes the nerves of any investor weary of the whims of...

Continue Reading
Avoid Costly Checking Account Mistakes: Key Tips

Updated Category News Views 70

Oversights That Could Drain Your Wallet Let me tell you, folks skip over their checking account details like it's a doctor's recommended veggie list. Even seasoned bankers trip up on the regular. Banking Expert Trent Nelson of PriorityOne Bank spills the beans on how understanding your account could save you from costly missteps and keep unnecessary fees at bay. Turns...

Continue Reading
Mindmatrix and Bodine and Co. Join Forces for Success

Updated Category News Views 104

Forging a Path Toward Partner Success Aligning tech and strategy is one thing businesses often fumble—at least, that's my take from this latest team-up between Mindmatrix and Bodine and Co. These folks are pairing an AI powerhouse with a customer experience veteran. Sounds like they're onto something big about pushing partners to actually perform. Gap-Busting Approach...

Continue Reading
Where Winds Meet Celebrates 1st Anniversary With New Region

Updated Category News Views 20

A Staggering Universe Deepens: Hutuo's Introduction Just when you think you've seen it all, NetEase Games and Everstone Studio go and launch Hutuo, a compelling addition to the already sprawling universe of Where Winds Meet. On the occasion of its first global anniversary, this epic Wuxia ARPG throws players into the mud-soaked, steel-clashing chaos of a warzone, testing...

Continue Reading
YYForce Expands in UAE with Key Hospitality Wins

Updated Category News Views 0

Unveiling YYForce's Middle East Strategy Smack in the middle of an aggressive Middle Eastern expansion, YYForce (NASDAQ: YFOR) is making waves with some new headline-grabbing contracts in the UAE. This ain't just a side hustle—it's big time. They're planting their flag across the luxury hospitality sector like they're going for a moon landing. The recent announcement...

Continue Reading
Skilled Nursing: The Backbone of Comprehensive Care

Updated Category News Views 79

Crucial Crossroads: Hospital to Home Some stories don't come with ticker symbols or stock rises. Sometimes, we're sifting through what really matters—like Terry Esterline's rundown on skilled nursing and rehab services in Hillsdale, Michigan. This isn't about making a quick buck, it's about what helps people rebuild after a hospital stay. The Nuts and Bolts of Skilled...

Continue Reading

Top 5 Most Recently Viewed Articles

HVAC Services Market Growth Projected to Reach $97.9 Billion

Updated Category News Views 194

HVAC Services Market Overview The HVAC services market is experiencing remarkable growth, showing a projected increase from USD 72.5 billion in 2025 to USD 97.9 billion by 2030, representing a compound annual growth rate (CAGR) of 6.2%. This surge is fueled by factors such as the need for energy efficiency, improved indoor air quality, and reliable climate control...

Continue Reading
Gain Insights from Presentations at the Financial Services Conference

Updated Category News Views 304

Explore Key Presentations from the Conference The recent Financial Services Virtual Investor Conference has successfully concluded, and attendees can now access the presentations online. This innovative event allows investors, financial advisors, and analysts to view insights shared by various companies without geographical limitations. Availability of Presentations All...

Continue Reading
The Historical Significance of Hemp in American Development

Updated Category News Views 110

The Historical Significance of Hemp in American Development Hemp has been a vital component of American history, playing a key role from the early days of the Mayflower to its ongoing relevance in today's economy. As we pause to celebrate Thanksgiving, it is a wonderful opportunity to appreciate how this diverse crop has contributed to building the foundation of the...

Continue Reading
Architectural Rendering Software Set for USD 2.21 Billion Surge by 2029

Updated Category News Views 249

Architectural Rendering Software Market Growth Insights The global architectural rendering software market is set for significant growth, projected to increase by USD 2.21 billion between 2025 and 2029. This exciting trajectory highlights the impact of technological advancements, particularly artificial intelligence (AI) and emerging economies, on the industry's...

Continue Reading
Lear Corporation's Q3 2024 Financial Insights Revealed

Updated Category News Views 295

Lear Corporation's Q3 2024 Financial Performance Overview Lear Corporation (NYSE: LEA), a renowned global leader in automotive technology in Seating and E-Systems, recently released its financial results for the third quarter of 2024, showcasing a resilient performance despite industry challenges. Key Financial Highlights During the third quarter, Lear achieved impressive...

Continue Reading