Brief: Viaplay Gets Approval From Bondholders In Key Recapitalisation Step

Viaplay AB (publ)

08/01/2024 14:37

Jan 8 (Reuters) - Viaplay Group AB (publ)  VPLAYb.ST :
    * VIAPLAY GROUP RECEIVES APPROVAL FROM BONDHOLDERS IN KEY
RECAPITALISATION STEP
    * APPROVAL OF PROPOSAL SET OUT IN NOTICES IS A KEY STEP IN
COMPANY'S RECAPITALISATION PLAN ANNOUNCED ON 1 DECEMBER 2023
    * BONDHOLDERS REPRESENTING 94.57% OF TOTAL VOLUME OF BONDS
MATURING IN 2024, 97.23% OF TOTAL VOLUME OF BONDS MATURING IN
2025, AND 98.00% OF TOTAL VOLUME OF BONDS MATURING IN 2026 VOTED
IN BONDHOLDER MEETINGS, AND THAT 99.70%, 99.68% AND 100.00%,
RESPECTIVELY, VOTED FOR PROPOSAL
    * CONCLUDED BONDHOLDER MEETINGS AND ANNOUNCED THAT PROPOSAL
HAS
BEEN APPROVED
    * OTHER PARTS OF PROPOSAL WILL ONLY ENTER INTO EFFECT WHEN
MEETING
ADMINISTRATOR CONFIRMS TO ADMINISTRATIVE AGENTS THAT IT HAS
RECEIVED DOCUMENTATION AND EVIDENCES SET OUT IN EACH OF NOTICES

Source text for Eikon:  ID:nWkr74yff1 
Further company coverage:  VPLAYb.ST 

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