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MAXENT B Maximum Entertainment AB News Story

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Brief: Maximum Entertainment Secures Capital For Financial And Operational Restructuring

Nov 26 (Reuters) - Maximum Entertainment AB (publ) MAXENTb.ST:

SAID ON TUESDAY MAXIMUM ENTERTAINMENT ENTERS INTO RESTRUCTURING TERM SHEET TO SECURE FOR LONG-TERM CAPITAL STRUCTURE AND GROUP REORGANIZATION

RESTRUCTURING TERM SHEET WITH ONE OF ITS MAIN LENDERS, OLIVINE HOLDINGS

NEW HOLDING ENTITY IN UNITED STATES WILL BE FORMED

UPON COMPLETION OF RESTRUCTURING, LENDER WILL OWN 67.5% OF NEWCO AND 32.5% WILL BE OWNED BY MAXIMUM ENTERTAINMENT

LINE OF CREDIT FINANCING OF USD 2.1 MILLION WILL BE PROVIDED BY LENDER

 Source text for Workspace: nMFNbmm9YY
 Further company coverage: [MAXENTb.ST]

 (Gdansk Newsroom)

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

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