Skip to main content

Klövern – Notice of written procedure

Written by Customer Service on . Posted in Public Companies.

Klövern AB (publ) (”Klövern”) has today given instructions to Nordic Trustee & Agency AB (publ) (the “Trustee”), being the agent under Klövern’s senior secured bond loan issued in October 2019 in the amount USD 50,000,000 with ISIN NO0010866205 (the “Bond Loan“), to initiate a written procedure in order to request that the bondholders vote in favour of amending certain sections of the terms and conditions of the Bond Loan.

Klövern wishes to amend the terms and conditions of the Bond Loan and issue an additional USD 50,000,000 to a few investors and prolong the Final Maturity Date from 15 October 2021 to 15 July 2023. In connection herewith, among other things, granted security will be increased.

A notice of a written procedure will be sent to all bondholders on 11 May 2021 in accordance with the terms and conditions of the Bond Loan. The written procedure will end no later than 31 May 2021.

The notice regarding written procedure is available on Klövern’s  website (www.klovern.se) and on the Trustee’s website (www.stamdata.com).

Klövern AB (publ)

For further information, please contact:
Jens Andersson, Head of Finance, +46 76 855 67 02, jens.andersson@klovern.se

Klövern is a real estate company committed to working closely with customers to offer them attractive premises in growth regions. Klövern is listed on Nasdaq Stockholm. For further information, see www.klovern.se.

Klövern AB (publ), Bredgränd 4, 111 30 Stockholm. Phone: +46 10 482 70 00. Email: info@klovern.se.

This is a translation of the original Swedish language press release. In the event of discrepancies, the original Swedish wording shall prevail.

Attachment

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.