EUR 15m hybrid loan redemption offer
Myllyn Paras Oy divested its Finnish business to a private equity fund managed by Sponsor Capital in February 2018. After the deal, Myllyn Paras Oy changed its name to MP Konserni Oy. After the transaction, MP Konserni made a public tender offer to redeem a maximum of EUR 7.5m worth of its hybrid loan issued at EUR 15m face value in 2015. The total volume of the hybrid loan redemption by MP Konserni amounted to EUR 7.2m. Taaleri Kapitaali acted as financial advisor in the voluntary redemption process to MP Konserni.