Brief: SBB Says Receives Additional Letters Expressing Intention To Accelerate From Bondholders Regarding Eurobonds Issued Under Its EMTN Programme

Samhallsbyggnadsbolaget I Norden AB

04/12/2024 17:21

Dec 4 (Reuters) - Samhallsbyggnadsbolaget I Norden AB
 SBBb.ST :
    * SBB RECEIVES ADDITIONAL LETTERS EXPRESSING INTENTION TO
ACCELERATE FROM BONDHOLDERS REGARDING EUROBONDS ISSUED UNDER ITS
EMTN PROGRAMME
    * SAMHALLSBYGGNADSBOLAGET I NORDEN AB - FUNDS CLAIM HOLDINGS
OF
APPROXIMATELY EUR 52 MILLION
    * SAMHALLSBYGGNADSBOLAGET I NORDEN AB - SBB RECEIVES LETTERS
FROM
FUNDS TO ACCELERATE 2028 AND 2029 NOTES
    * SAMHALLSBYGGNADSBOLAGET I NORDEN AB - ADDITIONAL LETTERS
HAVE NO
IMPACT ON EXISTING PROCEEDINGS
    * SAMHALLSBYGGNADSBOLAGET I NORDEN AB - TOTAL CLAIMED
HOLDINGS
AMOUNT TO APPROXIMATELY EUR 103 MILLION
    * SAMHALLSBYGGNADSBOLAGET I NORDEN AB - SBB CONFIDENT IN
ONGOING
LITIGATION WITH TRIAL EXPECTED IN JANUARY 2025
    * SAMHALLSBYGGNADSBOLAGET I NORDEN AB - FIR TREE ENTITIES'
ACCELERATION NOTICE OF EUR 46 MILLION UNDER LITIGATION

Source text:  ID:nWkr1bHLgX 
Further company coverage:  SBBb.ST 

 ((Reuters.Briefs@thomsonreuters.com;))