Sweden's Oscar Properties appoints Richard Bagge new CEO (updated)

Oscar Properties Holding AB

17/06/2024 11:26

(Adds detail, background throughout)
       STOCKHOLM, June 17 (Reuters) - Sweden's Oscar Properties
 OP.ST  said on Monday it had appointed Richard Bagge as new
chief executive, replacing Carl Janglin who resigned from the
job and left the company in March.  
   "We have good hopes of getting through a voluntary
reconstruction," Bagge said in a statement.
       Oscar Properties 
    said this month
     it expects to sign an agreement with its main bond holders
on debt repayments and the withdrawal of a bankruptcy petition. 
  
         
  

        
  
    

 (Reporting by Anna Ringstrom, editing by Louise Rasmussen)
 ((anna.ringstrom@thomsonreuters.com;))