Brief: Essity Bond Investors Start Proceedings In English Court
Dec 16 (Reuters) - Essity AB (publ) ESSITYa.ST :
* MINORITY OF INVESTORS, IN SOME OF ITS LUXEMBOURG-LISTED
BOND
SERIES, HAVE INITIATED PROCEEDINGS IN ENGLISH COURT
* INVESTORS' HOLDINGS REPRESENT A SMALL PORTION OF
OUTSTANDING
BONDS
* AS PREVIOUSLY COMMUNICATED, ESSITY REJECTS CLAIM THAT
THERE IS A
RIGHT TO EARLY REPAYMENT UNDER TERMS OF THESE BONDS, CONSIDERS
DEMAND TO BE UNFOUNDED
Source text: ID:nWkr9t41zc
Further company coverage: ESSITYa.ST
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))
Recent news on Essity AB (publ)
See all newsEurope Research Roundup: Aixtron, Lenzing, Novo Nordisk
Brief: Finansinspektionen: Katarina Martinson Bought Around SEK 129 Million Worth Of Essity Shares
Corrected: BRIEF-Essity Board Member Buys SEK 29.6 Mln Worth Of Essity Shares
Brief: Essity Targets Adjusted EBITA Margin Above 12-19%
Brief: Essity Says Board To Evaluate Alternatives For Consumer Tissue, Including Potential Separation