Stockholms Enskilda Bank

Kværner ASA: Update On The Contemplated Merger With Aker Solutions ASA

Retrieved on: 
Monday, November 9, 2020
Companies, Economy of Norway, Aker Solutions, Business, Kværner, Aker, SEB Group, Stockholms Enskilda Bank

OSLO, Norway, Nov. 9, 2020 /PRNewswire/ -- Reference is made to the previous stock exchange announcements made by Kvrner ASA ("Kvaerner") regarding the contemplated merger with Aker Solutions ASA ("Aker Solutions") as further set out in the merger plan dated 17 July 2020 (the "Merger").

Key Points: 
  • OSLO, Norway, Nov. 9, 2020 /PRNewswire/ -- Reference is made to the previous stock exchange announcements made by Kvrner ASA ("Kvaerner") regarding the contemplated merger with Aker Solutions ASA ("Aker Solutions") as further set out in the merger plan dated 17 July 2020 (the "Merger").
  • The Merger contemplates that Aker Solutions will absorb all the assets, rights and obligations of Kvaerner and that Kvaerner is dissolved.
  • As a result, all conditions for completion of the Merger have been met.
  • Skandinaviska Enskilda Banken AB (publ) is acting exclusively for Aker Solutions in connection with the merger and for no one else and will not be responsible to anyone other than Aker Solutions for providing the protections afforded to its clients or for providing advice in relation to the merger.

KVÆRNER ASA: UPDATE ON THE CONTEMPLATED MERGER WITH AKER SOLUTIONS ASA

Retrieved on: 
Monday, November 9, 2020
Companies, Economy of Norway, Aker Solutions, Business, Kværner, Aker, SEB Group, Stockholms Enskilda Bank

OSLO, Norway, Nov. 9, 2020 /PRNewswire/ -- Reference is made to the previous stock exchange announcements made by Kvrner ASA ("Kvaerner") regarding the contemplated merger with Aker Solutions ASA ("Aker Solutions") as further set out in the merger plan dated 17 July 2020 (the "Merger").

Key Points: 
  • OSLO, Norway, Nov. 9, 2020 /PRNewswire/ -- Reference is made to the previous stock exchange announcements made by Kvrner ASA ("Kvaerner") regarding the contemplated merger with Aker Solutions ASA ("Aker Solutions") as further set out in the merger plan dated 17 July 2020 (the "Merger").
  • The Merger contemplates that Aker Solutions will absorb all the assets, rights and obligations of Kvaerner and that Kvaerner is dissolved.
  • As a result, all conditions for completion of the Merger have been met.
  • Skandinaviska Enskilda Banken AB (publ) is acting exclusively for Aker Solutions in connection with the merger and for no one else and will not be responsible to anyone other than Aker Solutions for providing the protections afforded to its clients or for providing advice in relation to the merger.

KVÆRNER ASA: UPDATE ON THE CONTEMPLATED MERGER WITH AKER SOLUTIONS ASA

Retrieved on: 
Monday, November 9, 2020
Companies, Economy of Norway, Kværner, Aker Solutions, Business, Aker, Stockholms Enskilda Bank, SEB Group

OSLO, Norway, Nov. 9, 2020 /PRNewswire/ -- Reference is made to the previous stock exchange announcements made by Kvrner ASA ("Kvaerner") regarding the contemplated merger with Aker Solutions ASA ("Aker Solutions") as further set out in the merger plan dated 17 July 2020 (the "Merger").

Key Points: 
  • OSLO, Norway, Nov. 9, 2020 /PRNewswire/ -- Reference is made to the previous stock exchange announcements made by Kvrner ASA ("Kvaerner") regarding the contemplated merger with Aker Solutions ASA ("Aker Solutions") as further set out in the merger plan dated 17 July 2020 (the "Merger").
  • The Merger contemplates that Aker Solutions will absorb all the assets, rights and obligations of Kvaerner and that Kvaerner is dissolved.
  • The Consideration Shares issued to Eligible Shareholders will constitute "restricted securities" under the U.S. Securities Act.
  • Skandinaviska Enskilda Banken AB (publ) is acting exclusively for Aker Solutions in connection with the merger and for no one else and will not be responsible to anyone other than Aker Solutions for providing the protections afforded to its clients or for providing advice in relation to the merger.

KVÆRNER ASA: UPDATE ON THE CONTEMPLATED MERGER WITH AKER SOLUTIONS ASA

Retrieved on: 
Monday, November 9, 2020
Companies, Economy of Norway, Aker Solutions, Business, Kværner, Aker, SEB Group, Stockholms Enskilda Bank

OSLO, Norway, Nov. 9, 2020 /PRNewswire/ -- Reference is made to the previous stock exchange announcements made by Kvrner ASA ("Kvaerner") regarding the contemplated merger with Aker Solutions ASA ("Aker Solutions") as further set out in the merger plan dated 17 July 2020 (the "Merger").

Key Points: 
  • OSLO, Norway, Nov. 9, 2020 /PRNewswire/ -- Reference is made to the previous stock exchange announcements made by Kvrner ASA ("Kvaerner") regarding the contemplated merger with Aker Solutions ASA ("Aker Solutions") as further set out in the merger plan dated 17 July 2020 (the "Merger").
  • The Merger contemplates that Aker Solutions will absorb all the assets, rights and obligations of Kvaerner and that Kvaerner is dissolved.
  • As a result, all conditions for completion of the Merger have been met.
  • Skandinaviska Enskilda Banken AB (publ) is acting exclusively for Aker Solutions in connection with the merger and for no one else and will not be responsible to anyone other than Aker Solutions for providing the protections afforded to its clients or for providing advice in relation to the merger.

Aker Solutions ASA: Company Presentations Related to Offshore Wind and Carbon Capture Spin-Offs

Retrieved on: 
Thursday, August 6, 2020
Aker Group, Companies, Aker Solutions, Aker, Stockholms Enskilda Bank, SEB Group, Carbon capture and storage, Economy of Norway, Industries

OSLO, Norway, Aug. 6, 2020 /PRNewswire/ -- Reference is made to the release on July 17, 2020, where Aker Solutions announced its intention to spin off the company's offshore wind development and carbon capture businesses into two separate companies.

Key Points: 
  • OSLO, Norway, Aug. 6, 2020 /PRNewswire/ -- Reference is made to the release on July 17, 2020, where Aker Solutions announced its intention to spin off the company's offshore wind development and carbon capture businesses into two separate companies.
  • The two companies, Aker Offshore Wind Holding AS and Aker Carbon Capture AS, are intended to be listed on Merkur Market operated by the Oslo Stock Exchange, following private placement processes to secure funding for future operations.
  • Carnegie AS and Skandinaviska Enskilda Banken AB (publ) have been appointed as financial advisors for the process.
  • In preparation for these processes company presentations have been prepared.

Hermitage Offshore Services Ltd. (NYSE:PSV) Announces Forbearance Agreement with the Lenders to its $132.9 Million Term Loan Facility

Retrieved on: 
Thursday, July 9, 2020
Financial services, Economy, Anchor handling tug supply vessel, Shipbuilding, Finance, Stockholms Enskilda Bank, Forbearance, Bank, DNB, SEB Group

HAMILTON, Bermuda, July 09, 2020 (GLOBE NEWSWIRE) -- Hermitage Offshore Services Ltd. (NYSE:PSV) (Hermitage Offshore, or the Company) announced today that it has executed a forbearance agreement (the Forbearance Agreement) to its $132.9 Million Term Loan Facility dated January 14, 2020 (the Term Loan Facility) with DNB Bank ASA and Skandinaviska Enskilda Banken AB (publ) (together, the Lenders) and DNB Bank ASA, as agent and security agent.

Key Points: 
  • HAMILTON, Bermuda, July 09, 2020 (GLOBE NEWSWIRE) -- Hermitage Offshore Services Ltd. (NYSE:PSV) (Hermitage Offshore, or the Company) announced today that it has executed a forbearance agreement (the Forbearance Agreement) to its $132.9 Million Term Loan Facility dated January 14, 2020 (the Term Loan Facility) with DNB Bank ASA and Skandinaviska Enskilda Banken AB (publ) (together, the Lenders) and DNB Bank ASA, as agent and security agent.
  • These events have given rise to substantial doubt about the Companys ability to continue as a going concern.
  • Hermitage Offshore Services Ltd. is an offshore support vessel company that owns 23 vessels consisting of 10 platform supply vessels, or PSVs, two anchor handling tug supply vessels, or AHTS vessels, and 11 crew boats.
  • The words believe, expect, anticipate, estimate, intend, plan, target, project, likely, may, will, would, could and similar expressions identify forwardlooking statements.

Nasdaq, Inc. Prices €600 Million Senior Notes Offering

Retrieved on: 
Monday, February 10, 2020
Economy of Sweden, Companies, Financial services, SEB Group, Nordea, NASDAQ, Stockholms Enskilda Bank

NEW YORK, Feb. 10, 2020 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (the Company) (Nasdaq: NDAQ) today announced that it priced a public offering of 600 million aggregate principal amount of 0.875% senior notes due 2030 (the Offering).

Key Points: 
  • NEW YORK, Feb. 10, 2020 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (the Company) (Nasdaq: NDAQ) today announced that it priced a public offering of 600 million aggregate principal amount of 0.875% senior notes due 2030 (the Offering).
  • The Company expects to use the net proceeds from the Offering to refinance indebtedness and for other general corporate purposes.
  • J.P. Morgan Securities plc, Nordea Bank Abp, Skandinaviska Enskilda Banken AB (publ) and Wells Fargo Securities International Limited will act as joint book-running managers for the Offering.
  • Its diverse offering of data, analytics, software and services enables clients to optimize and execute their business vision with confidence.

Nasdaq, Inc. Prices €600 Million Senior Notes Offering

Retrieved on: 
Monday, February 10, 2020
Economy of Sweden, Companies, Financial services, SEB Group, Nordea, NASDAQ, Stockholms Enskilda Bank

NEW YORK, Feb. 10, 2020 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (the Company) (Nasdaq: NDAQ) today announced that it priced a public offering of 600 million aggregate principal amount of 0.875% senior notes due 2030 (the Offering).

Key Points: 
  • NEW YORK, Feb. 10, 2020 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (the Company) (Nasdaq: NDAQ) today announced that it priced a public offering of 600 million aggregate principal amount of 0.875% senior notes due 2030 (the Offering).
  • The Company expects to use the net proceeds from the Offering to refinance indebtedness and for other general corporate purposes.
  • J.P. Morgan Securities plc, Nordea Bank Abp, Skandinaviska Enskilda Banken AB (publ) and Wells Fargo Securities International Limited will act as joint book-running managers for the Offering.
  • Its diverse offering of data, analytics, software and services enables clients to optimize and execute their business vision with confidence.

Nasdaq, Inc. Announces Proposed Senior Notes Offering

Retrieved on: 
Monday, February 10, 2020
Economy of Sweden, Companies, Financial services, SEB Group, Nordea, NASDAQ, Stockholms Enskilda Bank

NEW YORK, Feb. 10, 2020 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (the Company) (Nasdaq: NDAQ) today announced that it plans to offer, subject to market and other conditions, Euro-denominated senior notes (the Offering).

Key Points: 
  • NEW YORK, Feb. 10, 2020 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (the Company) (Nasdaq: NDAQ) today announced that it plans to offer, subject to market and other conditions, Euro-denominated senior notes (the Offering).
  • The Company expects to use the net proceeds from the Offering to refinance indebtedness and for other general corporate purposes.
  • J.P. Morgan Securities plc, Nordea Bank Abp, Skandinaviska Enskilda Banken AB (publ) and Wells Fargo Securities International Limited will act as joint book-running managers for the Offering.
  • Its diverse offering of data, analytics, software and services enables clients to optimize and execute their business vision with confidence.

ESAs’ Joint Board of Appeal decides on four appeals under the Credit Rating Agencies Regulation

Retrieved on: 
Sunday, March 17, 2019
Government agencies, Economy of Europe, Economy of Sweden, Agencies of the European Union, European Union, European System of Financial Supervision, Swedbank, European Insurance and Occupational Pensions Authority, SEB Group, Stockholms Enskilda Bank, Nordea, European Securities and Markets Authority

The Joint Board of Appeal (BoA) of the European Supervisory Authorities (ESAs ESMA, EIOPA and EBA) issued decisions regarding four appeals it received by Svenska Handelsbanken AB, Skandinaviska Enskilda Banken (SEB) AB, Swedbank AB, and Nordea Bank Abp against decisions by the European Securities and Markets Authority (ESMA) regarding infringements of the Credit Rating Agencies Regulation (CRAR).

Key Points: 
  • The Joint Board of Appeal (BoA) of the European Supervisory Authorities (ESAs ESMA, EIOPA and EBA) issued decisions regarding four appeals it received by Svenska Handelsbanken AB, Skandinaviska Enskilda Banken (SEB) AB, Swedbank AB, and Nordea Bank Abp against decisions by the European Securities and Markets Authority (ESMA) regarding infringements of the Credit Rating Agencies Regulation (CRAR).
  • On 11 July 2018, ESMA decided to fine the five banks for negligently infringing the CRAR by issuing credit ratings without being registered.
  • In the context of the proceedings, the BoA also dismissed an application by one appellant to suspend ESMAs decision addressed to it.
  • According to the ESMA Regulation, appeals against decisions of the BoA can be brought before the Court of Justice of the European Union.