Holders of the Cherry AB (publ)’s – STO: CHER-B.ST – EUR 200 000 000 Senior Secured Bonds 2016/2020 with ISIN SE0008321616 have approved the proposed amendments of the terms for the bondloan.
On 22 December 2017, a notice of written procedure was sent to the bondholders, regarding a Request of certain amendments of the Terms and Conditions (the “Request”), inter alia adjusting the covenants of the bond, to facilitate changes in Cherry’s legal structure and to increase the company’s financial flexibility. The voting period expired today, 22 January 2018.
A sufficient number of votes was obtained, in order to form a quorum, and all of the bondholders that were voting in the written procedure voted in favour of the Request. It is therefore resolved that the Request has been approved, including the certain amendments of the Terms and Conditions forming part of the Request. The amendments of the Terms and Conditions will become effective immediately, and an updated version of terms and conditions is published on Cherry’s website, www.cherry.se.
For further information, please contact:
Anders Holmgren, CEO, Tel.: +46 708 607 534, firstname.lastname@example.org
Christine Rankin, CFO, Tel.: +46 765 399 492, email@example.com
Anders Antonsson, IR & Communications, Tel.: +46 709 994 970, firstname.lastname@example.org
This information is such that Cherry AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication under the auspices of the contacts detailed above on 22 January 2018, at 6:30 p.m. CET.