Skip to main content

The merger was approved and will be completed on 9 March 2020.

Proposed merger adopted

Pareto Høyrente will be open for subscription and redemption until 2 March 2020. During this period, the fund's unitholders are entitled to redeem their units without any charges. After this date, the fund will be closed until the merger is completed on 9 March 2020.

From the effective date of the merger, the unitholders can exercise their rights as unitholders in Pareto Nordic Cross Credit. All unitholders in Pareto Høyrente, including those who did not use the voting right or voted against the merger, will become unitholders in Pareto Nordic Cross Credit if the daily redemption right is not used before 2 March 2020.

Background and consequences

The background to and consequences of the impending merger can be found in the information sent to the unitholders of Pareto Høyrente together with the notice of the unitholder meeting

Unitholder meeting held

The unitholder meeting was held on 13 February 2020 at 10:00 a.m. at the management company's premises at Dronning Mauds gate 3 (8th floor) in Oslo. The merger was approved with a majority of 94.93 per cent of units represented at the meeting.

Read more about the receiving fund