Baltic Horizon Fund redeemed early part of the bonds
July 08 2024 - 1:45PM
UK Regulatory
Baltic Horizon Fund redeemed early part of the bonds
Baltic Horizon Fund announced on 14 June 2024 via stock
exchange announcement a plan to partially redeem the bonds
issued on 8 May 2023 (ISIN code EE3300003235) on 8 July 2024.
Baltic Horizon Fund hereby announces that it has redeemed early
bonds in the amount of EUR 8 million today, on 8 July 2024. The
total nominal amount of the bonds before the redemption was EUR
29,999,999.40, and after the redemption, it is EUR 21,999,999. The
new nominal amount differs from the previously announced amount by
EUR 1.00 due to rounding. The partial redemption of the bonds
entailed a change in the nominal value, the new nominal value being
EUR 52,380.95 per bond.
In addition to the redeemed amount, an amendment fee of EUR
80,000 was paid to the investors in accordance with bond terms.
For additional information, please contact:
Tarmo Karotam
Baltic Horizon Fund manager
E-mail tarmo.karotam@nh-cap.com
www.baltichorizon.com
Baltic Horizon Fund is a registered contractual public
closed-end real estate fund managed by Alternative Investment Fund
Manager license holder Northern Horizon Capital AS. Both the
Fund and the Management Company are supervised by the Estonian
Financial Supervision Authority.
Distribution: Nasdaq,
GlobeNewswire, www.baltichorizon.com
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