Financing
EMGS issued a five year convertible bond loan on 09 May 2018, EMGS03.
The convertible bond is senior unsecured debt of the issuer, ranks at least pari passu with all other obligations of the issuer and shall rank ahead of any subordinated debt.
For quotes on EMGS03 please refer to the Oslo Stock Exchange website.
| Senior unsecured convertible bond issue 2018/2023 | |
|---|---|
| ISIN | NO 001 0821010 |
| Ticker | EMGS03 |
| Stock exchange | Oslo Stock Exchange |
| Volume | USD 32.5 million |
| Denomination per bond | USD 100 |
| Interest rate | 3 months LIBOR + margin |
| Margin | 6.5% per annum |
| Issue date | 09 May 2018 |
| Maturity date | 09 May 2025 |
| Interest payment date | In arrears on 09 August, 09 November, 09 February, 09 May each year, including the maturity date |
| Trustee | Nordic Trustee AS |
