Qred Holding AB (publ), Reg. No. 559031-0685 (the “Company”), has instructed Nordic Trustee & Agency AB (publ) (the “Agent”) to instigate a written procedure (the “Written Procedure”) in respect of the senior secured bonds 2019/2022 with ISIN SE0012507267 (the “Bonds”), seeking approval from holders of the Bonds to amend the terms and conditions to permit delisting the Bonds from trading on regulated exchanges and multilateral trading facilities.
This measure is taken in light of regulatory guidance recently issued by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) regarding bond financing, as further explained in the Notice of Written Procedure.
If the proposed amendment is approved, the Company will provide a consent fee to bondholders, as further described in the Notice of Written Procedure. Please refer to the Notice of Written Procedure for full details regarding majority and quorum requirements, the consent fee and important dates for the Written Procedure.
The Notice of Written Procedure is held available by the Agent on its website, www.nordictrustee.com, and is attached to this announcement.
This is information that Qred Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 10.00 CET on 22 March 2021.
For further information, please contact:
Andrea Gyllencreutz Romander, Head of Investor Relations
+46 730 92 66 07, andrea.romander@qred.com
Emil Sunvisson, CEO
+46 708 109 735, emil.sunvisson@qred.com