As reported in the Issuers report for the 4th quarter of 2012 and Stock Exchange Announcement dated 7 February 2013, the challenging macroeconomic conditions in parts of Europe continue. Against this background the bond loan ISIN NO 001064747.2 (the "2012 Bond") was given extended maturity so that no payments are due prior to 26 April 2013.
Blom has requested the bondholders to extend the maturity of the 2012 Bond such that no payments will fall due prior to 30 April 2014. The main objective with the proposed extended maturity is to safeguard values and secure an improved basis for future repayment of the 2012 Bond and development of shareholder values.
The summons to the Bondholder meeting, which includes further details on the proposed amendments, can be found at www.stamdata.no.
For further information please contact CEO Dirk Blaauw, on tel. +47 22 13 19 20 or CFO Lars Bakklund, tel. +47 22 13 19 34.