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VNV Global Announces Conditional Partial Bond Redemption Following Gett Divestment

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VNV Global Announces Conditional Partial Bond Redemption Following Gett Divestment

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An update from VNV Global ( (SE:VNV) ) is now available.

VNV Global AB has announced its intention to partially redeem its 2024/2027 series bonds, conditional upon the successful completion of a written procedure to amend the bond terms. This move follows the company’s successful divestment of Gett and involves redeeming 50% of the bonds at a price of 103% of par value, plus accrued interest, with the redemption expected to occur on October 3, 2025.

More about VNV Global

VNV Global is an investment company that focuses on network effect businesses, leveraging patient capital to achieve long-term profitability. The company is known for investing in business models with strong competitive advantages and is listed on Nasdaq Stockholm under the ticker VNV.

Average Trading Volume: 184,497

Technical Sentiment Signal: Hold

Current Market Cap: SEK3.15B

Learn more about VNV stock on TipRanks’ Stock Analysis page.

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