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Published on 4/11/2017 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Solor calls all NOK 650 million bonds, SEK 950 million floaters

By Tali Rackner

Minneapolis, April 11 – Solor Bioenergi Holding AB called all of its NOK 650 million senior secured bonds due 2017 and SEK 950 million senior secured floating-rate bonds due 2019, according to two notices.

The bonds will be redeemed at par plus accrued interest on April 26.

As previously reported, Solor obtained bondholder approval to amend the notes indentures to allow for the call option as part of a refinancing.

Nordic Trustee ASA is the bond trustee.

The issuer is a Stockholm-based company that provides wood-based energy services in Sweden and Norway.


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