News
Acquisition of shares in Höganäs Borgestad Holding AB
Borgestad ASA (the "Company ") has, through its wholly-owned subsidiary Borgestad Industries AB, today entered into a contract to purchase 4.62% of the shares in Höganäs Borgestad Holding AB from one of the minority shareholders of said company. Höganäs Borgestad...
Maintenance contracts with iron ore and steel companies in the Nordics
The Höganäs Borgestad Group, which operates the refractory business of Borgestad ASA, has entered into three maintenance contracts with a total estimated contract value of SEK 140 – 185 million. The contracts will be delivered within the installation business of the...
Complaint regarding Bjuv municipality’s approval of the sale-leaseback transaction for production facilities in Sweden
Reference is made to the stock exchange announcement by Borgestad ASA (the "Company" and, together with its consolidated subsidiaries, the "Group") published on 11 December 2023 regarding the approval from Bjuv municipality in Sweden of the sale and leaseback...
Repayment of tax debt in Sweden
Borgestad, 27 December 2023: Höganäs Borgestad, a subsidiary of Borgestad AS (the "Company"), has today repaid its tax debt to Swedish tax authorities of SEK 75.4 million, with the addition of outstanding interest, through a voluntary early repayment. The tax debt was...
Completion of refinancing
Reference is made to the stock exchange notification from Borgestad ASA (the "Company") earlier today, 20 December 2023, regarding the final results of the subsequent offering of shares in the Company, as well as earlier stock exchange notifications from the Company...
Payment received in accordance with the result of the arbitration dispute in Vienna
Reference is made to the stock exchange announcement published by Borgestad ASA (the "Company") on 7 July 2023 regarding the result of the arbitration dispute in Vienna, Austria, involving the Company's partially owned subsidiary Macon AB ("Macon"). As announced in...
Initial approval from Bjuv muncipality of sale-leaseback-transaction for production facilities in Sweden
Reference is made to the stock exchange announcement by Borgestad ASA (the "Company" and, together with its consolidated subsidiaries, the "Group") published on 27 October 2023 regarding the conditional agreement entered into with Bjuv municipality in Sweden for the...
Exercise of voluntary early redemption in full (Call Option)
Issuer: Borgestad ASA (the "Company") ISIN for the bond loan: NO0010907736 Date of redemption: 20 December 2023 Redemption amount: NOK 100,000,000 Redemption price: 100% of nominal value The Company has today notified Nordic Trustee AS, as bond trustee on behalf of...
Announcement of sale and leaseback transaction for production facilities in Sweden
Höganäs Bjuf Fastighets AB ("HBF"), an indirect subsidiary of Borgestad ASA (the "Company" and, together with its consolidated subsidiaries, the "Group") has today entered into a conditional agreement with Bjuv municipality in Sweden for a sale and leaseback...