Brief: Gigasun Requests Extension Of Solt4 Bond

Gigasun AB (publ)

25/06/2024 11:14

June 25 (Reuters) - Gigasun AB (publ)  GIGAS.ST :
    * GIGASUN REQUESTS EXTENSION OF SOLT4 BOND
    * ADMINISTRATIVE PROCESSES ASSOCIATED WITH A REFINANCING
FROM
CHINA HAVE BEEN MORE TIME-CONSUMING THAN EXPECTED
    * THERE IS A RISK THAT REPAYMENT OF SOLT4 BOND WITH MATURITY
DATE,
NOVEMBER 8, 2024, WILL NOT BE MET
    * COMPANY THEREFORE ASSESSES THAT IT IS IN THE INTEREST OF
THE
BONDHOLDERS AND THE CO TO REQUEST AN EXTENSION OF THE BOND
AGREEMENT

Source text for Eikon:  ID: 
Further company coverage:  GIGAS.ST 

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