Brief: RNB Retail And Brands Instigates Written Procedure To Change Terms Of Notes

Coala-Life AB (publ)

01/03/2021 07:16

March 1 (Reuters) - RNB RETAIL AND BRANDS AB  RNBS.ST :
    * SAID ON FRIDAY INSTIGATES WRITTEN PROCEDURE IN ORDER TO
EXTEND
PAYMENT BLOCK AND RESOLVE ON CONVERSION
    * INTENDS TO EXTEND CURRENT PAYMENT BLOCK EVENT UNTIL APRIL
30,
2021 AND CONVERT SEK 60 MLN OF NOMINAL AMOUNT OF THE NOTES
TOGETHER WITH INTEREST TO PERPETUAL CAPITAL NOTES

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nWkr4rM72w
 Further company coverage:  RNBS.ST  
   


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