04.05.2021
TAALERI PLC STOCK EXCHANGE RELEASE 4 MAY 2021 AT 11:00 (EEST)
Taaleri Plc: Announcement of premature redemption of Senior Bond due 2021
Taaleri Plc announces that it will exercise its right to redeem prematurely its outstanding 4.250% Senior Bond due 20 December 2021 (TAAJVK20122021, ISIN FI4000232970). The bond will be redeemed in full on 28 May 2021 (the "Redemption Date") in accordance with the terms and conditions of the bond. The bond is listed on the official list of Nasdaq Helsinki Ltd.
The total nominal amount of the bond is EUR 35 million. On the Redemption Date, Taaleri will pay the bondholders a redemption price equal to 101.0625% of the principal amount of each note together with all accrued and unpaid interest on such principal amount in accordance with the terms and conditions of the bond.
Formal notice of redemption is being delivered to the bondholders in accordance with the terms and conditions of the notes. The redemption will be paid automatically to the bondholders.
Taaleri Plc
For further information, please contact:
CFO Minna Smedsten, 358 40 700 1738, minna.smedsten@taaleri.com
Taaleri in brief
Taaleri is a Nordic investment and asset manager with an emphasis on renewable energy and other alternative investments. We channel capital towards economically profitable undertakings that have a lasting positive impact on the environment and society. We are a signatory of the UN Principles for Responsible Investment (UNPRI) since 2010. Taaleri’s vision is to be a Nordic forerunner in alternative investments focusing on sustainability.
Taaleri has two business segments: Private Asset Management and Strategic Investments. Private Asset Management consists of renewable energy, real estate, bioindustry and infrastructure businesses. The Strategic Investments segment consists of Garantia Insurance Company Ltd.
Taaleri has EUR 1.7 bn of assets under management in its private equity funds and co-investments. The company has approximately 120 employees. Taaleri Plc is listed on Nasdaq Helsinki.
Siri Markula, Head of Communications and IR, tel. 358 40 743 2177, siri.markula@taaleri.com