VOSTOK NEW VENTURES LTD INCREASES ITS OUTSTANDING BOND LOAN BY SEK 100 MILLION

Vostok New Ventures Ltd (the “Company”) has carried out a subsequent issue of bonds in an amount of SEK 100 million under the framework of its outstanding bond loan with ISIN SE0013233541. The subsequent issue was priced at 101.50 per cent of par.

Stockholm, Nov. 25, 2019 (GLOBE NEWSWIRE) --

Following the subsequent issue, the total amount outstanding under the Company’s bond loan will be SEK 650 million. The settlement date of the new bonds is set to November 28, 2019 and the proceeds from the subsequent issue will be used for general corporate purposes. The bond loan, including the subsequent issue, will be listed on Nasdaq Stockholm on or about December 3, 2019.

Pareto Securities AB acted as sole bookrunner in conjunction with the subsequent issue and Gernandt & Danielsson Advokatbyrå acted as legal advisor.

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

The information was submitted for publication, through the agency of the contact person set out above, at 13:30 CET on November 25, 2019.

Vostok New Ventures 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 .

Attachment

• VNV_tap_press release_english

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.