HLRE Holding Oyj – Approval of written procedure and amendments to the terms and conditions of the bonds

HLRE Holding Oyj (the "Company") today announces the successful completion of the written procedure that was initiated 30 January 2024 in relation to the Company's outstanding SEK 300,000,000 senior secured bond loan with ISIN SE0015530712 (the "Bonds"), regarding certain amendments to the terms and conditions of the Bonds (the "Proposal").

A sufficient number of bondholders participated in the written procedure in order to form a quorum, and a requisite majority of the bondholders voted in favour of approving the Proposal.

The amendments will become effective when (i) the Company and the agent enters into an amendment and restatement agreement, amending and restating the terms and conditions of the Bonds substantially in the form set out in schedule 3 of the notice of written procedure, and (ii) certain conditions precedent documents and evidences have been received by the agent.

Pareto Securities Oy has been retained as financial advisor in connection with the written procedure.

For further information, please contact:

Jari Raudanpää, CFO
Telephone: +358 (0)40 566 6399
Email: jari.raudanpaa@vesivek.fi

 

This information is information that HLRE Holding Oyj is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 8.00 EET on 5 February 2024.