Brief: Midsummer Enters Into Agreement With Certain Noteholders, Shareholders

Midsummer AB

07/01/2025 06:34

Jan 7 (Reuters) - Midsummer AB  MIDSU.ST :
    * ENTERS INTO AGREEMENT WITH CERTAIN NOTEHOLDERS AND
SHAREHOLDERS
TO RESTRUCTURE COMPANY'S NOTE LOAN AND CAPITAL STRUCTURE
    * CAPITAL INCREASES AND CONVERSION OF NOTES INTO SHARES ARE
MADE
AT SAME SUBSCRIPTION PRICE, SEK 1.05 PER NEW SHARE IN COMPANY
    * CO'S PRINCIPAL SHAREHOLDERS, CERTAIN MEMBERS OF MANAGEMENT
TO
PROVIDE MIDSUMMER WITH ABOUT SEK 73.7 MILLION IN NEW CAPITAL AND
CASH
    * AGREEMENT MEANS MIDSUMMER'S BALANCE SHEET IS GUARANTEED TO
BE
STRENGTHENED BY TOTAL OF ABOUT SEK 131.9 MILLION

Source text:  ID:nMFN8yrSfL 
Further company coverage:  MIDSU.ST 

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