Rapala VMC Oyj announces final results of a buyback offer for its existing hybrid loan. The offer resulted in a total of €28.5 million worth of existing hybrid loans being purchased. The company confirms the pricing terms for a new euro-denominated hybrid loan and plans to accept all existing hybrid loans purchased. The largest shareholder participated in the offer by offering to sell their €7.2 million ownership stake in the existing hybrid loan. Nordea Bank Oyj and OP Yrityspankki Oyj served as organizers of the buyback offer. The company plans to issue a separate announcement regarding early redemption of remaining existing hybrid loans. Interested parties can contact the organizers for more information. The buyback offer was not made to the public in Finland or elsewhere and was subject to certain distribution restrictions in various countries, including the United States. Additional important information and distribution restrictions apply based on specific countries like the US, UK, France, and Italy.

Read more at GlobeNewswire: Rapala VMC julkistaa vuonna 2023 liikkeeseen lasketun