The Chinese translation is being made; the original is shown for now.
NORMET GROUP LTD. PRESS RELEASE 16 MAY 2025 AT 12:00 EEST
Normet Group Ltd. announces that it will redeem the 30-million-euro hybrid bond issued on 19 May 2023 (ISIN:FI4000552880)
Normet Group Oy announces that it will exercise its right to redeem the Capital Securities issued on 19th May 2023 in the aggregate amount of 30 million euros (the “Capital Securities”) under Clause 8.5 of its Terms and Conditions. The redemption will be made on 19th June 2025 (the “Redemption Date”).
On the Redemption Date, Normet Group Oy will pay the holders of the Capital Securities a redemption price equal to the principal amount of the note together with any accrued interest to but excluding the Redemption Date.
This notice of redemption is irrevocable and is given to the calculation agent and holders of the Capital Securities and published on Normet Group Oy’s official website and as a press release in accordance with the Terms and Conditions.
For more information, please contact:
Timo Koponen, Chief Financial Officer, Normet Group Ltd.
Phone: +358 40 749 2986
E-Mail: timo.koponen@normet.com
Normet is a world-leading, innovative technology company. We define the future of underground operations in mining, tunnelling, and civil engineering projects, helping our partners increase safety, sustainability, and productivity throughout the lifecycle of their projects. Since 1962 we have developed our offerings to include a complete portfolio of mining and tunnelling solutions covering the core processes. Headquartered in Finland, we employ over 1,800 dedicated professionals in more than 50 locations in 30 countries around the world, committing to long-term, mutually beneficial partnerships that create value in our industry and society as a whole. Normet Group net sales totalled EUR 482 million in 2024. Get to know us better at www.normet.com.