1 February 2023
To holders of the senior secured fixed rate bonds issued by Hancap AB (publ) (the “Issuer”), with ISIN: NO 0010769276 (SEK), NO 0010769284 (NOK) and NO 0010769292 (USD), originally dated 10 October 2016 as amended and restated on 18 July 2017, 14 December 2017 and 30 April 2019 (the “Bonds”).
Capitalized terms not otherwise defined in this notice shall have the meaning given to them in the terms and conditions relating to the Bonds (the “Terms and Conditions”).
On behalf of and as requested by the Issuer, the Trustee, acting in its capacity as Trustee for the Bondholders under the Terms and Conditions, hereby initiates a written procedure (the “Written Procedure”), whereby the Bondholders can approve or reject a proposal from the Issuer regarding a final settlement of the Bonds in the form of a partial payment and conversion to capital contribution of the remaining outstanding amounts under the Bonds to the Issuer. The proposal by the Issuer (the “Proposal”) and the background thereto is described in Section A (Background and Proposal).
Please see the full notice linked below:
Important Dates
Record Date (for voting): 1 February 2023
Last time and day to vote: 12.00 CET on 27 February 2023
For further questions please see below
To the Issuer: Roger Blomquist roger@seawing.se 073-1488906
To the Trustee: Intertrust (Sweden) AB, Linus Löfgren, trustee@intertrustgroup.com, +46 8 402 72 00