Sunborn Finance Oyj– Approval of written procedure and amendments to the terms and conditions of the bonds

Sunborn Finance Oyj (the "Company") today announces the successful completion of the written procedure that was initiated 15 January 2024 in relation to the Company's outstanding EUR 50,000,000 senior secured bonds with ISIN FI4000292750 (the "Bonds"), regarding certain amendments to the terms and conditions of the Bonds, including an extension to the maturity date of the Bonds to 13 May 2024 (the "Proposal").

A broad number of bondholders participated in the written procedure in order to form a quorum, and a requisite majority of the bondholders voted in favor of approving the Proposal. The Company is extremely grateful for bondholders’ overwhelming support.

The Company and the agent, among others, have entered into an amendment and restatement agreement, amending and restating the terms and conditions of the Bonds in accordance with the Proposal.

DNB Markets, a part of DNB Bank ASA, Sweden Branch has been retained as consent solicitation agent in connection with the written procedure.

For further information, please contact:

Hans Niemi, CEO
Telephone: Finland +358 followed by 2445 4514
Email: hans.niemi@sunborn.com

 

This information is information that Sunborn Finance 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 16:00 EET on 7 February 2024.