Brief: Acroud Enters Into Restructuring Term Sheet

Acroud AB

09/12/2024 16:04

Dec 9 (Reuters) - Acroud AB  ACROUD.ST :
    * ACROUD ENTERS INTO A RESTRUCTURING TERM SHEET IN ORDER TO
STRENGTHEN ACROUD'S LIQUIDITY AND FINANCIAL POSITION
    * ACTIONS INCLUDE ISSUE OF SEK 65,312,500 SUPER SENIOR BOND
LOAN
    * MATURITY OF BONDS SHALL BE EXTENDED UNTIL 30 JUNE 2028
    * AGREED TO PURCHASE ALL REMAINING SHARES IN ACROUD MEDIA
LTD
OWNED BY RIAE MEDIA LTD
    * BOARD SHALL PROPOSE THAT EGM SHALL RESOLVE ON DIRECTED NEW
ISSUES OF SHARES AMOUNTING TO 256,202,864

Source text:  ID:nWkr5Yh9JC 
Further company coverage:  ACROUD.ST 

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