TIDM91VA
RNS Number : 4197T
Elenia Finance Oyj
14 November 2019
NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR
RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS
(INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN
SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS, ANY STATE OF
THE UNITED STATES AND THE DISTRICT OF COLUMBIA) (the "UNITED
STATES") OR TO ANY U.S. PERSON OR IN OR INTO ANY OTHER JURISDICTION
WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS DOCUMENT.
ELENIA FINANCE OYJ ANNOUNCES THE AGGREGATE PRINCIPAL AMOUNT OF
THE NOTES VALIDLY TENDERED PURSUANT TO THE OFFER
14 November 2019
Further to its announcement on 4 November 2019, Elenia Finance
Oyj (the "Issuer"), announces today the aggregate principal amount
of the Notes validly tendered pursuant to its invitation to
eligible holders of its outstanding EUR500,000,000 2.875 per cent.
Fixed Rate Bonds due December 2020 (ISIN: XS1005068587) (the
"Notes") to tender their Notes for purchase by the Issuer for cash
(the "Offer") and to approve the STID Proposal.
The Offer was made on the terms and subject to the conditions
and restrictions set out in the tender offer memorandum dated 4
November 2019 (the "Tender Offer Memorandum"). Capitalised terms
used in this announcement but not defined have the meanings given
to them in the Tender Offer Memorandum.
Aggregate principal amount of the Notes validly tendered for
purchase at the Expiration Deadline
As at the Expiration Deadline of 17.00 CET on 13 November 2019,
the Issuer had received valid tenders for purchase of approximately
EUR410,976,000 in aggregate principal amount of the Notes.
Noteholders should note that this is not an announcement of the
aggregate principal amount of the Notes which the Issuer has
decided to accept for purchase pursuant to the Offer.
Following the earlier of (i) the expiration of the STID Proposal
decision period (29 November 2019) and (ii) the date on which the
Security Trustee has received the requisite votes in favour of the
STID Proposal, the Issuer will announce, amongst other things, the
result of the STID Proposal and the final aggregate principal
amount of the Notes validly tendered and accepted by the Issuer for
purchase pursuant to the Offer.
Further Information
A complete description of the terms and conditions of the Offer
is set out in the Tender Offer Memorandum. Further details can be
obtained as follows:
Questions and requests for assistance in connection with the
Offer may be directed to the Dealer Managers:
The Dealer Managers
Danske Bank A/S
2-12 Holmens Kanal
DK-1092 Copenhagen K
Denmark
Telephone: +45 33 64 88 51
Attention: Debt Capital Markets
Email: liabilitymanagement@danskebank.dk
NatWest Markets Plc
250 Bishopsgate
London EC2M 4AA
United Kingdom
Telephone: +44 20 7678 5222
Attention: Liability Management
Email: liabilitymanagement@natwestmarkets.com
Questions and requests for assistance in connection with the
procedures, and for any documents or materials relating to, the
Offer may be directed to the Tender Agent:
The Tender Agent
Lucid Issuer Services Limited
Tankerton Works
12 Argyle Walk
London WC1H 8HA
United Kingdom
Telephone: +44 207 704 0880
Attention: Thomas Choquet
Email: elenia@lucid-is.com
General enquiries in connection with the Offer or the STID
Proposal may be directed to the Issuer:
The Issuer
Elenia Finance Oyj
Töölönkatu 4
FI-00100 Helsinki
Finland
Telephone: +358 45 265 1313
Attention: Sasu Kämäräinen
Email: sasu.kamarainen@elenia.fi
This announcement is released by Elenia Finance Oyj and contains
information that qualified or may have qualified as inside
information for the purposes of Article 7 of the Market Abuse
Regulation (EU) 596/2014 ("MAR"), encompassing information relating
to the Offer and STID Proposal. For the purposes of MAR and Article
2 of Commission Implementing Regulation (EU) 2016/1055, this
announcement is made by Sasu Kämäräinen (Treasury Manager) of
Elenia Finance Oyj.
DISCLAIMER
This announcement must be read in conjunction with the Tender
Offer Memorandum. No offer or invitation to acquire or sell any
securities is being made pursuant to this announcement. The
distribution of this announcement and/or the Tender Offer
Memorandum in certain jurisdictions may be restricted by law.
Persons into whose possession this announcement and/or the Tender
Offer Memorandum comes are required by each of the Issuer, the
Guarantors, the Dealer Managers, the Tender Agent, the Security
Trustee and the Bond Trustee to inform themselves about and to
observe any such restrictions.
If any Noteholder is in any doubt as to the action it should
take or is unsure of the impact of the Offer or the STID Proposal,
it is recommended to seek its own financial and legal advice,
including as to any tax consequences, from its stockbroker, bank
manager, solicitor, accountant or other independent financial, tax
or legal adviser. None of the Issuer, the Guarantors, the Dealer
Managers, the Security Trustee, the Bond Trustee or the Tender
Agent is providing Noteholders with any legal, business, financial,
tax or other advice in this announcement or the Tender Offer
Memorandum
None of the Dealer Managers, the Tender Agent, the Bond Trustee,
the Security Trustee or any of their respective directors,
officers, employees, agents or affiliates makes any representation
or recommendation whatsoever regarding this announcement, the
Tender Offer Memorandum, the Offer or the STID Proposal, and none
of the Issuer, the Guarantors, the Dealer Managers, the Tender
Agent, the Bond Trustee, the Security Trustee or their respective
directors, officers, employees, agents or affiliates makes any
recommendation as to whether Noteholders should tender Notes for
purchase pursuant to the Offer and consequently to participate in
voting in favour of the STID Proposal. The Tender Agent is the
agent of the Issuer and owes no duty to any Noteholders.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
RTEBIBLTMBBBMML
(END) Dow Jones Newswires
November 14, 2019 04:18 ET (09:18 GMT)
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