Business
INSIDE INFORMATION: RAPALA VMC CONSIDERS ISSUANCE OF HYBRID CAPITAL SECURITIES IN CONNECTION WITH REFINANCING AND ANNOUNCES A TENDER OFFER FOR ITS HYBRID CAPITAL SECURITIES ISSUED IN 2023
Rapala VMC Corporation, Inside Information, November 14, 2025 at 10:25 a.m. EET NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. Rapala VMC Corporation (“Rapala VMC”) considers the issuance of new euro-denominated hybrid capital securities in the aggregate amo
About this update from Rapala Vmc Oyj
[{"type":"image","alt":"Rapala VMC Oyj","displaySize":"","headline":null,"caption":"Rapala VMC Oyj","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":126,"url":"https://media.zenfs.com/en/globenewswire.com/3f4e31c6afcc861a393b2af376b2820c"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/oU0h11blgND9T2Ue74.TBA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE3NjtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/3f4e31c6afcc861a393b2af376b2820c","width":300,"height":126}},"lazy":false},{"type":"text","content":"Rapala VMC Corporation, Inside Information, November 14, 2025 at 10:25 a.m. EET","length":84,"tagName":"p"},{"type":"text","content":"NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.","length":288,"tagName":"p"},{"type":"text","content":"Rapala VMC Corporation (“Rapala VMC”) considers the issuance of new euro-denominated hybrid capital securities in the aggregate amount of up to EUR 25 million (the “New Capital Securities”). The issuance of the New Capital Securities may take place in the near future subject to market conditions.","length":297,"tagName":"p"},{"type":"text","content":"The New Capital Securities are subordinated to Rapala VMC’s other debt obligations and treated as equity in Rapala VMC’s consolidated financial statements prepared in accordance with the IFRS. The New Capital Securities do not confer to its holders the rights of a shareholder and do not dilute the holdings of the current shareholders.","length":336,"tagName":"p"},{"type":"text","content":"At the same time, Rapala VMC announces that it invites the holders of its hybrid capital securities (the “Holders”) issued by Rapala VMC on November 29, 2023 with an initial nominal amount of EUR 30 million (ISIN: FI4000560628) (the “Existing Capital Securities”) to tender the Existing Capital Securities for cash on the terms and conditions set out in the Tender Offer Memorandum dated November 14, 2025 (the “Tender Offer Memorandum”) (the “Tender Offer”).","length":459,"tagName":"p"},{"type":"text","content":"Rapala VMC’s largest shareholder, Viellard Migeon Et Compagnie Sa, has committed to participate in the Tend...