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Zalaris ASA Exercises Call Option on Senior Secured Bonds

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Zalaris ASA Exercises Call Option on Senior Secured Bonds

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Zalaris ASA ( (DE:81Y) ) has issued an announcement.

Zalaris ASA has announced the exercise of its call option for the outstanding bonds in the bond issue ‘ZALARIS ASA FRN Senior Secured Bonds 2023/2028’. This move, conditional upon certain conditions being met by November 2025, will lead to the repayment of the entire bond issue at 104.10% of the nominal amount. This strategic financial decision could impact the company’s financial structuring and stakeholder interests, reflecting its proactive approach in managing financial obligations.

More about Zalaris ASA

Zalaris ASA is a global provider of cloud-based Payroll and Human Capital Management (HCM) solutions. The company specializes in helping international organizations streamline HR processes with efficiency, transparency, and regulatory compliance. With a team of over 1,200 members across 18 countries, Zalaris supports organizations in more than 150 countries through its unified cloud-based platform, PeopleHub.

Average Trading Volume: 70,436

Current Market Cap: NOK2.01B

See more data about 81Y stock on TipRanks’ Stock Analysis page.

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