Brief: Acroud Postpones Interest Payment On Its Outstanding Bond Loan

Acroud AB

30/09/2024 13:33

Sept 30 (Reuters) - Acroud AB  ACROUD.ST :
    * ACROUD POSTPONES INTEREST PAYMENT ON ITS OUTSTANDING BOND
LOAN
AND RECEIVES STANDSTILL FROM A MAJORITY OF THE BONDHOLDERS
    * IT WILL UNTIL FURTHER NOTICE POSTPONE INTEREST PAYMENT DUE
ON 7
OCTOBER 2024 ON ITS SEK 225,000,000 SENIOR SECURED BONDS
    * ENTERED INTO STANDSTILL AGREEMENT WITH CERTAIN LARGER
BONDHOLDERS
    * SUBJECT TO A COMMERCIAL AGREEMENT BETWEEN ALL PARTIES,
COMPANY
EXPECTS THAT A SOLUTION WILL BE COMMUNICATED IN NEAR FUTURE
    * STANDSTILL AGREEMENTS WITH HOLDERS OF BONDS REPRESENTING
ABOUT
54.5% OF ADJUSTED NOMINAL AMOUNT OF BONDS
    * ANY SUCH SOLUTION IS SUBJECT TO APPROVAL OF HOLDERS OF
BONDS AND
OTHER STAKEHOLDERS AND MAY INCLUDE AMENDED TERMS FOR BONDS AS
WELL AS OTHER TRANSACTIONS

Source text for Eikon:  ID:nWkr2Tg3s8 
Further company coverage:  ACROUD.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))