With reference to company’s release on January 21, 2021 the board of directors of OPR-Finance Oy has decided to initiate a written procedure in accordance with the terms of its 2017 capital securities (ISIN: FI4000292180) in order to postpone the date on which the increased interest rate will start accruing (First Reset Date) by 24 months. Investors representing more than 40 percent of the total principal of the capital securities have expressed initial support for the plan.
The company will provide the holders of the capital securities with the information on the commencement of the written procedure and a proposal for amendments of the terms and conditions with detailed reasonings in accordance with the terms and conditions.
The written procedure will start on February 1, 2021 and will end on February 22, 2021.