Sunborn International Oyj

INSIDE INFORMATION: Update on the maturity of Sunborn International Plc’s subsidiary Sunborn (Gibraltar) Ltd bond

27.10.2025 16:45:00 EET | Sunborn International Oyj | Company Announcement

Company Announcement
Sunborn International Plc
27 October 2025 at 16:45 

Sunborn International Plc, a subsidiary of Sunborn International Plc, announces that its bond of up to EUR 60 million (ISIN: SE0010296632), with a final maturity date of 27 October 2025 (the “Loan”), will not be repaid in principal on the due date. 

The delay is due to ongoing negotiations and completion of the loan documentation related to the finalization of the new bank financing. The Company’s management continues to assess that the completion of the financing arrangement will occur within a reasonable period after the due date. 

Interim arrangements and measures 

The Company will implement and continue to promote the following measures: 

  • The Company will continue to engage closely with its financial partners and bond investors to ensure a prompt resolution. 
  • Interest payments will continue to be made within the limits permitted by the terms of the bond. 


Status under the terms of the bond 

According to the terms of the bond, failure to pay the principal on the final maturity date means that the Loan will be considered in default until the principal is repaid or the parties agree on alternative measures. 

The Company will provide further information on the situation as the process progresses. 


Forward-looking statements 

This release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from the estimates presented. 

Enquiries: 

Hans Niemi 

Chief Executive Officer Sunborn

International Plc 

hans.niemi@sunborn.com 

+358 44 556 6132 


Xavier Valero 

Board Member and Senior Vice President

xavier.valero@sunborn.com 

+358 2445 4517 


Certified Adviser: 

Nordic Certified Adviser AB, tel. +46 70 551 67 29 


Publication:
Nasdaq
Helsinki Main media 
www.fi.sbih.group
www.sbih.group 


About Sunborn International 

Sunborn International (Nasdaq: SBI) is an internationally operating, innovative developer, owner, and operator of premium- class yacht hotels and other floating structures. Yacht hotels and floating real estate solutions can be utilised in urban harbours and prestigious waterfront areas to enhance the use of water zones. 

Sunborn International currently owns two yacht hotels — one in London and one in Gibraltar. The yacht hotels offer high- quality accommodation, restaurant services, and conference and event facilities. Sunborn International is a pioneer in its field and has extensive experience in shipbuilding and design, coastal and port development, and regulatory processes. The company is actively expanding into new markets, including Vancouver, London, and other locations worldwide. 

More information: www.fi.sbih.group 

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