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VVO Group Plc: Listing prospectus for VVO's EUR 200 million bond available


17 October, 2016 at 14.30 EET

Listing prospectus for VVO's EUR 200 million bond available

Not for release, publication or distribution, directly or indirectly, in or
into the United States, Australia, Canada, Hong Kong, Japan or Singapore, or
any other jurisdiction in which the distribution or release would be

VVO Group plc has issued a EUR 200 million and 7 year senior secured bond
mainly to institutional investors. The bond matures on 17 October 2023 and it
carries a fixed coupon interest rate of 1.625 percent per annum. The issuer
may redeem the bond before its final maturity date.

The Finnish Financial Supervisory Authority has today approved the listing
prospectus of the bond. The prospectus is available in English on the
company's website at

VVO Group plc has applied for the bond to be listed on the official list of
the Nasdaq Helsinki Ltd. Public trading on the notes is expected to commence
on or about 21 October 2016 under the trading code "VVOJ162523".

The proceeds from the issued bond were on-lent to VVO Kodit Oy for the
purposes of refinancing existing financial indebtedness, to finance growth
investments and for general corporate purposes.

Nordea Bank Finland Plc and Handelsbanken Capital Markets, Svenska
Handelsbanken AB (publ) acted as lead managers for the bond issue.

For more information:

VVO Group plc
Jani Nieminen, CEO, tel. 020 508 3201
Erik Hjelt, CFO, tel. 020 508 3255

VVO Group plc

Under the Lumo and VVO brands, VVO Group Plc offers versatile and effortless
rental solutions coupled with an extensive range of housing services for
different life situations. VVO Group aims to invest heavily in increasing its
housing supply by 2021 through the development of new properties and
acquisition of existing properties.


Information contained in this release may not be released, published or
distributed, directly or indirectly, in the United States, Australia, Canada,
Hong Kong, Japan or Singapore or such other countries or otherwise in such
circumstances in which the offering of the bond would be unlawful or require
measures other than those required under the laws of Finland. This release
does not constitute an offer of, or an invitation to purchase, any securities
in any jurisdiction. No offer will be made to persons whose participation in
the offering requires any additional prospectus or registration.

The bond has not been and will not be registered under the U.S. Securities Act
of 1933, as amended, or with any securities regulatory authority of any state
of the United States. The bond may not be offered or sold, pledged or
otherwise transferred directly or indirectly within the United States or to,
or for the account or benefit of any U.S. person (as such terms are defined
in Regulation S under the Securities Act), except in certain transactions
exempt from the registration requirements of the Securities Act. In addition,
until 40 days after the commencement of the offering of the Bond, an offer or
sale of the Bond within the United States by a dealer (whether or not
participating in the offering) may violate the registration requirements of
the Securities Act.

VVO Group plc has not authorized the offering of the bond to the public in any
member state of the European Economic Area (the "EEA"). All offers of the
bond in the EEA will be made pursuant to an exemption from the Prospectus
Directive (Directive 2003/71/EC as amended, including by Directive
2010/73/EU), as implemented in the member states of the EEA (each, a
"Relevant Member State"), from the requirement to produce a prospectus under
the Prospectus Directive for offers of securities. The offer is only
addressed to and directed at persons in Relevant Member States who are
"qualified investors" within the meaning of Article 2(1)(e) of the Prospectus
Directive and the minimum size of the investment is EUR 100,000. The
expression an "offer to the public" in relation to any securities in any
Relevant Member State means the communication in any form and by any means of
sufficient information on the terms of the offer and any securities to be
offered so as to enable an investor to decide to purchase any securities, as
the same may be varied in that Relevant Member State by any measure
implementing the Prospectus Directive in that Relevant Member State.

The financial institutions defined herein are acting exclusively for VVO Group
plc as lead managers of the offering and will not be responsible to anyone
other than VVO Group plc for providing the protections afforded to its
clients nor giving investment or other advice in relation to the bond, the
listing of the bond or the contents of the prospectus, or any other
transaction or any other matter mentioned herein.

The information provided herein is addressed to and directed only at persons
in the United Kingdom in circumstances where section 21(1) of the Financial
Services and Markets Act 2000 as amended, does not apply and is solely
directed at persons in the United Kingdom who (a) have professional
experience in matters relating to investments falling within Article 19(5) of
the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005
(the "Order") or (b) persons falling within Article 49(2)(a) to (d) of the
Order, or other persons to whom it may be lawfully communicated (all such
persons together being referred to as "relevant persons"). This release is
directed only at relevant persons and any person who is not a relevant person
must not act or rely on this document or any of its contents.

The bond may not be offered, directly or indirectly, in Switzerland except in circumstances that will not result in the offer of the bond being a public offering in Switzerland within the meaning of the Swiss Code of Obligations and the bond will not be listed on the SIX Swiss Exchange Ltd. ("SIX Swiss Exchange") or on any other stock exchange or regulated trading facility in Switzerland. Neither the applicable prospectus nor any other offering or marketing material relating to the bond constitutes a prospectus as such term is understood pursuant to article 652a or article 1156 of the Swiss Code of Obligations or a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange or any other regulated trading facility in Switzerland, and neither the applicable prospectus nor any other offering or marketing material relating to the bond may be publicly distributed or otherwise made publicly available in Switzerland. VVO-Group plc is not authorized by or registered with the Swiss Financial Market Supervisory Authority ("FINMA") as a foreign collective investment scheme. Therefore, investors do not benefit from protection under the Swiss collective investment schemes law or supervision by FINMA.

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: VVO-Yhtymä Oyj via Globenewswire

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